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" I hated school because I liked to daydream and the system tried to stop me from that. "
Nassim Nicholas Taleb
Stop
Because
Tried
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" Deficits are like putting dynamite in the hands of children. They can get out of control very quickly. "
Nassim Nicholas Taleb
Get
Out
Hands
" We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment. "
Nassim Nicholas Taleb
Money
Culture
Business
" 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 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
" Inequalities of wealth lead to a dispersion in wealth for all. "
Nassim Nicholas Taleb
Lead
Wealth
Inequalities
" 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
" 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. "
Nassim Nicholas Taleb
Socialism
Today
Capitalism
" Being an economist is the least ethical profession, closer to charlatanism than any science. "
Nassim Nicholas Taleb
Than
Ethical
Profession
" The next time you experience a blackout, take some solace by looking at the sky. You will not recognize it. "
Nassim Nicholas Taleb
Looking
You
Time
" When I trade, I don't have an agency problem; I have my neck on the line. When a bank or banker trades, it's not his neck on the line. "
Nassim Nicholas Taleb
Neck
Problem
Trade
" 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
" We are victims of the post-Enlightenment view that the world functions like a sophisticated machine, to be understood like a textbook engineering problem and run by wonks. In other words, like a home appliance, not like the human body. "
Nassim Nicholas Taleb
World
Body
Home
" 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
" The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine. "
Nassim Nicholas Taleb
Beyond
Events
Medicine
" Poverty is clearly one source of emotional suffering, but there are others, like loneliness. "
Nassim Nicholas Taleb
Loneliness
Others
Poverty
" What America does best is produce the ability to accept failure. "
Nassim Nicholas Taleb
Ability
Failure
Best
" Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms. "
Nassim Nicholas Taleb
Calm
Late
Business
" I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge. "
Nassim Nicholas Taleb
Who
Where
Still
" In the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense. "
Nassim Nicholas Taleb
Congress
Control
Delay
" We humans lack imagination, to the point of not even knowing what tomorrow's important things will look like. "
Nassim Nicholas Taleb
Imagination
Important
Look
" You are rich if and only if money you refuse tastes better than money you accept. "
Nassim Nicholas Taleb
Accept
You
Rich
" Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes. "
Nassim Nicholas Taleb
Capitalism
People
Others
" All of technology, really, is about maximizing free options. "
Nassim Nicholas Taleb
Technology
Really
About
" The best philosophers were not academics, but had another job, so their philosophy was not corrupted by careerism. "
Nassim Nicholas Taleb
Job
Philosophy
Academics
" I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries. "
Nassim Nicholas Taleb
Heavy
I Am
Sprint
" Most so-called writers keep writing and writing with the hope, some day, to find something to say. "
Nassim Nicholas Taleb
Say
Find
Writing
" Writing is sacred, other activities are profane, and I don't want them to corrupt my writing. "
Nassim Nicholas Taleb
Writing
Want
Sacred
" There are two types of people: those who try to win and those who try to win arguments. They are never the same. "
Nassim Nicholas Taleb
Two
People
Same
" 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
" I don't go to the doctor except when I'm very ill, and when I go to India, I drink a drop of local water. "
Nassim Nicholas Taleb
Doctor
Drink
Water