Phrase by 'Nassim Nicholas Taleb'
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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.
Author: Nassim Nicholas Taleb - Lebanese ScientistEducation , Children , Enjoy , Learning
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.
Author: Nassim Nicholas Taleb - Lebanese ScientistYou , Business , Late , Calm
Debt is a mistake between lender and borrower, and both should suffer.
Author: Nassim Nicholas Taleb - Lebanese ScientistMistake , Should , Debt , Suffer
The next time you experience a blackout, take some solace by looking at the sky. You will not recognize it.
Author: Nassim Nicholas Taleb - Lebanese ScientistYou , Time , Experience , Sky
Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
Author: Nassim Nicholas Taleb - Lebanese ScientistYears , Anything , Right , Economics
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.
Author: Nassim Nicholas Taleb - Lebanese ScientistYou , World , Future , Chaos
You know, children philosophize more than adults - and they are critical of adults.
Author: Nassim Nicholas Taleb - Lebanese ScientistYou , More , Know , Children
When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.
Author: Nassim Nicholas Taleb - Lebanese ScientistYou , People , Talk , Matters
Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.
Author: Nassim Nicholas Taleb - Lebanese ScientistNever , Think , Ever , Stability
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.
Author: Nassim Nicholas Taleb - Lebanese ScientistYou , Money , War , Advice