Nassim Nicholas Taleb Quote

Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients — and yet events, it turns out, are almost always outlandish.


p. 149 - The Black Swan: The Impact of the Highly Improbable (2007)


Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them,...

Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them,...

Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them,...

Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them,...