Top 10 Nassim Nicholas Taleb Quotes

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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.

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.

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

People have the problem of denial. This is one of the things I learned in Lebanon. Everybody who left Beirut when the war started, including my parents, said, 'Oh, its temporary.' It lasted 17 years! People tend to underestimate the gravity of these situations. That's how they work.

I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.

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

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

I am happy everywhere except in places where I see glitz and rich farts. I am happiest in Brooklyn, where the concentration of rich farts is minimal.

If I ask you to write down the last 4 digits of your social security number, and then take you out to lunch and ask you how many dentists there are in Manhattan, there's going to be a high correlation between those two numbers. What happens is that the number psychologically makes you feel confident.

We should ban banks from risk-taking because society is going to pay the price.

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