The fool generalizes the particular; the nerd particularizes the general; some do both; and the wise does neither
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 TalebWhen you beat up someone physically, you get excercise and stress relief; when you assault him verbally on the Internet, you just harm yourself.
Nassim Nicholas TalebWe tend to treat our knowledge as personal property to be protected and defended. It is an ornament that allows us to rise in the pecking order. [...] We take what we know a little too seriously.
Nassim Nicholas TalebIf there is something in nature you don't understand, odds are it makes sense in a deeper way that is beyond your understanding. So there is a logic to natural things that is much superior to our own. Just as there is a dichotomy in law: 'innocent until proven guilty' as opposed to 'guilty until proven innocent', let me express my rule as follows: what Mother Nature does is rigorous until proven otherwise; what humans and science do is flawed until proven otherwise.
Nassim Nicholas Taleb