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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. "
Nassim Nicholas Taleb
Able
War
Tension
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" 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
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System
" I select a very small number of things to be sceptical about, such as markets, and on these I am hypersceptic. But I want to be fooled by randomness in art. I want the ceremonial of religion; we are made for it. "
Nassim Nicholas Taleb
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" In the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense. "
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" I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus. "
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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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" Nature builds things that are antifragile. In the case of evolution, nature uses disorder to grow stronger. Occasional starvation or going to the gym also makes you stronger, because you subject your body to stressors and gain from them. "
Nassim Nicholas Taleb
Grow
Gym
Evolution
" For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering. "
Nassim Nicholas Taleb
Worst
Way
Suffering
" 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
" 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. "
Nassim Nicholas Taleb
Telling
Conservative
Listen
" Debt is a mistake between lender and borrower, and both should suffer. "
Nassim Nicholas Taleb
Between
Should
Suffer
" 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
" Years ago, I noticed one thing about economics, and that is that economists didn't get anything right. "
Nassim Nicholas Taleb
Years
Right
Economics
" The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution. "
Nassim Nicholas Taleb
People
Problem
American
" If you are in banking and lending, surprise outcomes are likely to be negative for you. "
Nassim Nicholas Taleb
Negative
You
Banking
" 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
" 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
" What America does best is produce the ability to accept failure. "
Nassim Nicholas Taleb
Ability
Failure
Best
" 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. "
Nassim Nicholas Taleb
Think
Crisis
Day
" 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
" 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
" The best philosophers were not academics, but had another job, so their philosophy was not corrupted by careerism. "
Nassim Nicholas Taleb
Job
Philosophy
Academics
" Most people are sceptical about the wrong things and gullible about the wrong things. "
Nassim Nicholas Taleb
Most
Gullible
Wrong
" 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
" 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
" Democracies can't handle austerity measures very well. "
Nassim Nicholas Taleb
Very
Austerity
Measures
" We should ban banks from risk-taking because society is going to pay the price. "
Nassim Nicholas Taleb
Ban
Going
Pay
" What we need to do is break the financial community's grip on society. "
Nassim Nicholas Taleb
Need
Community
Financial
" Alan Greenspan is unskilled; you don't take the unskilled seriously. "
Nassim Nicholas Taleb
You
Seriously
Take
" The world we live in is vastly different from the world we think we live in. "
Nassim Nicholas Taleb
Think
World
Live