Janet Yellen at the FED is equivalent to having a biology schoolteacher who has never seen blood perform brain surgery.
Nassim Nicholas TalebThe rationalist imagines an imbecile-free society; the empiricist and imbecile-proof one, or even better, a rationalist-proof one.
Nassim Nicholas TalebTo succeed in life requires a total inability to do anything that makes you uncomfortable when you look at yourself in the mirror.
Nassim Nicholas TalebLife is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.
Nassim Nicholas TalebWe have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment.
Nassim Nicholas Taleb