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" Alan Greenspan is unskilled; you don't take the unskilled seriously. "
Nassim Nicholas Taleb
You
Seriously
Take
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" We humans lack imagination, to the point of not even knowing what tomorrow's important things will look like. "
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" I'm in favour of religion as a tamer of arrogance. For a Greek Orthodox, the idea of God as creator outside the human is not God in God's terms. My God isn't the God of George Bush. "
Nassim Nicholas Taleb
God
Human
Outside
" Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric. "
Nassim Nicholas Taleb
Newspaper
Feeling
Success
" The key to wealth is that it doesn't matter. Once you've had it, you don't think anything of it; you can wear cheap watches. "
Nassim Nicholas Taleb
Wealth
Think
Watches
" I have never had personal debt and never will. "
Nassim Nicholas Taleb
Will
Debt
Had
" Bailing out every bank that fails makes the system riskier, not safer. "
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System
Safer
Out
" I drive a hybrid, moving into an electric car. I only drink tap water, never consume food that's travelled. "
Nassim Nicholas Taleb
Drink
Drive
Car
" I hated school because I liked to daydream and the system tried to stop me from that. "
Nassim Nicholas Taleb
Stop
Because
Tried
" 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. "
Nassim Nicholas Taleb
Rich
Brooklyn
I Am
" The people I go after are the false experts, those who do not accept the limits of their knowledge. "
Nassim Nicholas Taleb
People
Accept
Limits
" Nobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to. "
Nassim Nicholas Taleb
You
Down
Your
" Years ago, I noticed one thing about economics, and that is that economists didn't get anything right. "
Nassim Nicholas Taleb
Years
Right
Economics
" A country's assets reside in the tinkerers, the hobbyists, and the risk-takers. "
Nassim Nicholas Taleb
Assets
Reside
Country
" 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. "
Nassim Nicholas Taleb
Security
Feel
You
" 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. "
Nassim Nicholas Taleb
People
Work
War
" Democracies can't handle austerity measures very well. "
Nassim Nicholas Taleb
Very
Austerity
Measures
" All of technology, really, is about maximizing free options. "
Nassim Nicholas Taleb
Technology
Really
About
" Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes. "
Nassim Nicholas Taleb
Capitalism
People
Others
" When you ask people, 'What's the opposite of fragile?,' they tend to say robust, resilient, adaptable, solid, strong. That's not it. The opposite of fragile is something that gains from disorder. "
Nassim Nicholas Taleb
You
People
Fragile
" A good maxim allows you to have the last word without even starting a conversation. "
Nassim Nicholas Taleb
Conversation
Starting
Last
" If you take risks and face your fate with dignity, there is nothing you can do that makes you small; if you don't take risks, there is nothing you can do that makes you grand, nothing. "
Nassim Nicholas Taleb
Fate
Small
You
" Corporations take the humanity out of trade - they take the happiness out and replace it with something that is ugly. "
Nassim Nicholas Taleb
Ugly
Trade
Take
" The Internet allows the small guy a global marketplace. But technology is harmful in the sense that we get too much information from it. Because of the web we get 10 times the amount of noise we ever got, which makes harmful fallacies far more likely. "
Nassim Nicholas Taleb
Technology
Information
Small
" You will get the most attention from those who hate you. No friend, no admirer and no partner will flatter you with as much curiosity. "
Nassim Nicholas Taleb
Curiosity
Friend
Hate
" You know, children philosophize more than adults - and they are critical of adults. "
Nassim Nicholas Taleb
Children
Know
More
" Capitalism has forced everyone to overoptimize in order to compete. "
Nassim Nicholas Taleb
Compete
Capitalism
Everyone
" If you are an Arabic-speaking, Greek-Orthodox going to a French school it makes you deeply sceptical if you have to listen to three different accounts of the Crusades - one from the Muslim side, one from the Greek side and one from the Catholic side. "
Nassim Nicholas Taleb
Listen
You
Three
" 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. "
Nassim Nicholas Taleb
Future
Know
Perfect
" I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged. "
Nassim Nicholas Taleb
Financial
Thanks
System
" You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades. "
Nassim Nicholas Taleb
Even
Name
Years