Friday 1 September 2017

Nassim Taleb Quotes Part II

I continue with the second part of my Nassim Taleb favorite quotes and I hope to excite and inspire you:

“To bankrupt a fool, give him information.”

“They think that intelligence is about noticing things are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)” 

“If you hear a "prominent" economist using the word 'equilibrium,' or 'normal distribution,' do not argue with him; just ignore him, or try to put a rat down his shirt.” 

“Difficulty is what wakes up the genius” 

“The curious mind embraces science; the gifted and sensitive, the arts; the practical, business; the leftover becomes an economist” 

“Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.”

“We favor the visible, the embedded, the personal, the narrated, and the tangible; we scorn the abstract.” 
“A mistake is not something to be determined after the fact, but in light of the information available until that point” 


“More data—such as paying attention to the eye colors of the people around when crossing the street—can make you miss the big truck.” 

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