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" Writing is sacred, other activities are profane, and I don't want them to corrupt my writing. "
Nassim Nicholas Taleb
Writing
Want
Sacred
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" Debt is a mistake between lender and borrower, and both should suffer. "
Nassim Nicholas Taleb
Between
Should
Suffer
" People employed in financial institutions are rarely interesting and even more rarely likable. "
Nassim Nicholas Taleb
Interesting
Financial
People
" You know, children philosophize more than adults - and they are critical of adults. "
Nassim Nicholas Taleb
Children
Know
More
" A good maxim allows you to have the last word without even starting a conversation. "
Nassim Nicholas Taleb
Conversation
Starting
Last
" 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
" 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
" 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. "
Nassim Nicholas Taleb
Security
Feel
You
" Being an economist is the least ethical profession, closer to charlatanism than any science. "
Nassim Nicholas Taleb
Than
Ethical
Profession
" 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
Financial
Thanks
System
" What we need to do is break the financial community's grip on society. "
Nassim Nicholas Taleb
Need
Community
Financial
" 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
" 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. "
Nassim Nicholas Taleb
Risks
Safety
Help
" Years ago, I noticed one thing about economics, and that is that economists didn't get anything right. "
Nassim Nicholas Taleb
Years
Right
Economics
" Fragility is the quality of things that are vulnerable to volatility. "
Nassim Nicholas Taleb
Volatility
Vulnerable
Things
" Poverty is clearly one source of emotional suffering, but there are others, like loneliness. "
Nassim Nicholas Taleb
Loneliness
Others
Poverty
" We should ban banks from risk-taking because society is going to pay the price. "
Nassim Nicholas Taleb
Ban
Going
Pay
" 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
" Economics make homeopath and alternative healers look empirical and scientific. "
Nassim Nicholas Taleb
Empirical
Look
Economics
" 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. "
Nassim Nicholas Taleb
Money
Advice
You
" 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
" All of technology, really, is about maximizing free options. "
Nassim Nicholas Taleb
Technology
Really
About
" I'm a private intellectual, not a public one. "
Nassim Nicholas Taleb
Private
Public
Intellectual
" 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
" 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
" Paul Krugman is a danger to society! "
Nassim Nicholas Taleb
Paul
Danger
Society
" 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. "
Nassim Nicholas Taleb
Listen
You
Three
" 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
" 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
" 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
" Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric. "
Nassim Nicholas Taleb
Newspaper
Feeling
Success