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

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

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" 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. "

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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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" 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. "

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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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" 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. "

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

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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. "

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" Paul Krugman is a danger to society! "

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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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" Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes. "

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" People employed in financial institutions are rarely interesting and even more rarely likable. "

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" Debt is a mistake between lender and borrower, and both should suffer. "

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" 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. "

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

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" There are two types of people: those who try to win and those who try to win arguments. They are never the same. "

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" 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. "

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" 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. "

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" Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever. "

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

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" The next time you experience a blackout, take some solace by looking at the sky. You will not recognize it. "

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" 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. "

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" 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

" 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. "

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" Capitalism has forced everyone to overoptimize in order to compete. "

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" I have never had personal debt and never will. "

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