NT

Author

Nassim Nicholas Taleb

/nassim-nicholas-taleb-quotes-and-sayings

69 Quotes
4 Works

Author Summary

About Nassim Nicholas Taleb on QuoteMust

Nassim Nicholas Taleb currently has 69 indexed quotes and 4 linked works on QuoteMust. This page is the canonical destination for that author archive.

Works

Books and titles linked to this author

Antifragile: Things That Gain from Disorder Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets The Bed of Procrustes: Philosophical and Practical Aphorisms The Black Swan: The Impact of the Highly Improbable

Quotes

All quote cards for Nassim Nicholas Taleb

"

Someone with a low degree of epistemic arrogance is not too visible, like a shy person at a cocktail party. We are not predisposed to respect humble people, those who try to suspend judgement. Now contemplate epistemic humility. Think of someone heavily introspective, tortured by the awareness of his own ignorance. He lacks the courage of the idiot, yet has the rare guts to say "I don't know." He does not mind looking like a fool or, worse, an ignoramus. He hesitates, he will not commit, and he agonizes over the consequences of being wrong. He introspects, introspects, and introspects until he reaches physical and nervous exhaustion.This does not necessarily mean he lacks confidence, only that he holds his own knowledge to be suspect. I will call such a person an epistemocrat; the province where the laws are structured with this kind of human fallibility in mind I will can an epistemocracy.

NT
Nassim Nicholas Taleb

The Black Swan: The Impact of the Highly Improbable

"

Reality is far more vicious than Russian roulette. First, it delivers the fatal bullet rather infrequently, like a revolver that would have hundreds, even thousands of chambers instead of six. After a few dozen tries, one forgets about the existence of a bullet, under a numbing false sense of security. Second, unlike a well-defined precise game like Russian roulette, where the risks are visible to anyone capable of multiplying and dividing by six, one does not observe the barrel of reality. One is capable of unwittingly playing Russian roulette - and calling it by some alternative __ow risk_ game.

NT
Nassim Nicholas Taleb

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets