I want them poor and they deserve to be poor. You can't have capitalism without punishment.
Nassim Nicholas TalebIn science you need to understand the world; in business you need others to misunderstand it.
Nassim Nicholas TalebProbability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.
Nassim Nicholas TalebIf you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.
Nassim Nicholas TalebMuch of the research into humans' risk-avoidance machinery shows that it is antiquated and unfit for the modern world; it is made to counter repeatable attacks and learn from specifics. If someone narrowly escapes being eaten by a tiger in a certain cave, then he learns to avoid that cave.
Nassim Nicholas Taleb