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" 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

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

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" I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge. "

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" Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning. "

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

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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. "

Nassim Nicholas Taleb

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

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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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" The grandchildren should not bear the debts of the grandparents. "

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" 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

" 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. "

Nassim Nicholas Taleb

" Economics make homeopath and alternative healers look empirical and scientific. "

Nassim Nicholas Taleb

" 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

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

Nassim Nicholas Taleb

" 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. "

Nassim Nicholas Taleb

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

Nassim Nicholas Taleb

" Most people are sceptical about the wrong things and gullible about the wrong things. "

Nassim Nicholas Taleb

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

Nassim Nicholas Taleb

" 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

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

Nassim Nicholas Taleb

" Corporations take the humanity out of trade - they take the happiness out and replace it with something that is ugly. "

Nassim Nicholas Taleb

" The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were doing. "

Nassim Nicholas Taleb

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

Nassim Nicholas Taleb

" 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

" 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

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

Nassim Nicholas Taleb

" Being an economist is the least ethical profession, closer to charlatanism than any science. "

Nassim Nicholas Taleb

" A country's assets reside in the tinkerers, the hobbyists, and the risk-takers. "

Nassim Nicholas Taleb

" Inequalities of wealth lead to a dispersion in wealth for all. "

Nassim Nicholas Taleb

" 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