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

Nassim Nicholas Taleb

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" 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. "

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" 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. "

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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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" I'm a private intellectual, not a public one. "

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

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" Writing is sacred, other activities are profane, and I don't want them to corrupt my writing. "

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" Fragility is the quality of things that are vulnerable to volatility. "

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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. "

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

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" If you are in banking and lending, surprise outcomes are likely to be negative for you. "

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" What we need to do is break the financial community's grip on society. "

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

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" 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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" All of technology, really, is about maximizing free options. "

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" What America does best is produce the ability to accept failure. "

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" 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. "

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

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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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" 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

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

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" I'm in favour of religion as a tamer of arrogance. For a Greek Orthodox, the idea of God as creator outside the human is not God in God's terms. My God isn't the God of George Bush. "

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

Nassim Nicholas Taleb

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

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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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