In the United States large corporations control some members of Congress. All this does is delay the corporationโs funeral at our expense.
Nassim Nicholas TalebMake sure that you are in a situation where the constant mistakes are small and can be used for something.
Nassim Nicholas TalebI want them poor and they deserve to be poor. You can't have capitalism without punishment.
Nassim Nicholas TalebJanet Yellen at the FED is equivalent to having a biology schoolteacher who has never seen blood perform brain surgery.
Nassim Nicholas TalebTo be completely cured of newspapers, spend a year reading the previous week's newspapers.
Nassim Nicholas TalebMy point taken further is that True and False (hence what we call "belief") play a poor, secondary role in human decisions; it is the payoff from the True and the False that dominates-and it is almost always asymmetric, with one consequence much bigger than the other, i.e., harboring positive and negative asymmetries (fragile or antifragile). Let me explain.
Nassim Nicholas Taleb