When 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 TalebI'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.
Nassim Nicholas TalebIf you sat with a pencil and jotted down all the decisions you've taken in the past week, or, if you could, over your lifetime, you would realize that almost all of them have had asymmetric payoff, with one side carrying a larger consequence than the other. You decide principally based on fragility, not probability. Or to rephrase, You decide principally based on fragility, not so much on True/False.
Nassim Nicholas TalebI suspect the I.Q., SAT, and school grades are tests designed by nerds so they can get high scores in order to call each other intelligent...Smart and wise people who score low on IQ tests, or patently intellectually defective ones, like the former U.S. president George W. Bush, who score high on them (130), are testing the test and not the reverse.
Nassim Nicholas Taleb