You are rich if and only if money you refuse tastes better than money you accept.
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 TalebLife is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
Nassim Nicholas TalebForecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.
Nassim Nicholas Taleb