Nassim Nicholas Taleb Quotes

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

Being an economist is the least ethical profession... -Nassim Nicholas Taleb

Being an economist is the least ethical profession, closer to charlatanism than any science.

Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.

All of technology, really, is about maximizing fre... -Nassim Nicholas Taleb

All of technology, really, is about maximizing free options.

Discovering the context

This quote suggests that technology, at its core, aims to provide individuals with increased choices and possibilities. It implies that technology expands the range of options available to people in various aspects of life. It reflects on the empowering potential of technology.

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.

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.

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.