Nassim Nicholas Taleb Quotes

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We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment.

Tags: | Nassim Nicholas Taleb,Money,Culture,End,

I drive a hybrid, moving into an electric car. I only drink tap water, never consume food that's travelled.

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Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.

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Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning.

Tags: | Nassim Nicholas Taleb,Learning,Children,College,

The next time you experience a blackout, take some solace by looking at the sky. You will not recognize it.

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Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. So these people died, but we have effectively improved the safety of the system, and nothing failed in vain.

Tags: | Nassim Nicholas Taleb,Time,Safety,People,

What America does best is produce the ability to accept failure.

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We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that.

Tags: | Nassim Nicholas Taleb,World,Perfect,Know,

We are victims of the post-Enlightenment view that the world functions like a sophisticated machine, to be understood like a textbook engineering problem and run by wonks. In other words, like a home appliance, not like the human body.

Tags: | Nassim Nicholas Taleb,World,Words,Engineering,

Nassim Nicholas Taleb

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