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Social science means inventing a certain brand of human we can understand.
Nassim Nicholas Taleb
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It takes extraordinary wisdom and self-control to accept that many things have a logic we do not understand that is smarter than our own.
Nassim Nicholas Taleb
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Few understand that procrastination is our natural defense, letting things take care of themselves and exercise their antifragility.
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[In] economics... you can disguise charlatanism under the weight of equations and nobody can catch you since there is no such thing as a controlled experiment. Now the spirit of such methods, called scientism by its detractors, continued into the discipline of finance as a few technicians thought their mathematical knowledge could lead them to understand markets. The practice of financial engineering came along with massive doses of pseudoscience.
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I want to live happily in a world I don't understand.
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Modernity needs to understand that being rich and becoming rich are not mathematically, personally, socially, and ethically the same thing.
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In science you need to understand the world; in business you need others to misunderstand it.
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If you want to get an idea of a friend's temperament, ethics, and personal elegance, you need to look at him under the tests of severe circumstances, not under the regular rosy glow of daily life. Can you assess the danger a criminal poses by examining only what he does on an ordinary day? Can we understand health without considering wild diseases and epidemics? Indeed the normal is often irrelevant.
Nassim Nicholas Taleb
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We cannot truly plan, because we do not understand the future-but this is not necessarily a bad news. We could plan while bearing in mind such limitations. It just takes guts.
Nassim Nicholas Taleb
Quote of the day
Good authors, too, who once knew better words Now only use four-letter words Writing prose — Anything goes.
Cole Porter
Nassim Nicholas Taleb
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Born:
1960
(age 64)
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