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

Nassim Nicholas Taleb

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" It might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement. "

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" Fragility is the quality of things that are vulnerable to volatility. "

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

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

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" You know, children philosophize more than adults - and they are critical of adults. "

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" When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters. "

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" I've been telling anyone willing to listen that banks have a tendency to sit on time bombs while convincing themselves that they are conservative and nonvolatile. "

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" Governments that try to shoot for a surplus hardly ever reach it. "

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" Most so-called writers keep writing and writing with the hope, some day, to find something to say. "

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" 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. "

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" What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats. "

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" What America does best is produce the ability to accept failure. "

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" Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom. "

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" In social policy, when we provide a safety net, it should be designed to help people take more entrepreneurial risks, not to turn them into dependents. This doesn't mean that we should be callous to the underprivileged. "

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" The people I go after are the false experts, those who do not accept the limits of their knowledge. "

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" 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. "

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" Democracies can't handle austerity measures very well. "

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" Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money. "

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" Paul Krugman is a danger to society! "

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" 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. "

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" Deficits are like putting dynamite in the hands of children. They can get out of control very quickly. "

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" I don't read the papers; I stopped reading the papers. I read the papers only during periods of crisis, and I think papers are too long on a regular day and too short days when we have a crisis. "

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" 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. "

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" Poverty is clearly one source of emotional suffering, but there are others, like loneliness. "

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" Alan Greenspan is unskilled; you don't take the unskilled seriously. "

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" A good maxim allows you to have the last word without even starting a conversation. "

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" The world we live in is vastly different from the world we think we live in. "

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" 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. "

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" Writing is sacred, other activities are profane, and I don't want them to corrupt my writing. "

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" 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. "

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