What we need to do is break the financial community’s grip on society. Nassim Nicholas Taleb Read Quote
I’ve been telling anyone willing to listen that banks have a tendency to sit on time bombs while convincing themselves that they are conservative and nonvolatile. Nassim Nicholas Taleb Read Quote
In the United States, large corporations control some members of Congress. All this does is delay the corporation’s funeral at our expense. Nassim Nicholas Taleb Read Quote
Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom. Nassim Nicholas Taleb Read Quote
The American people will eventually get hurt by this accumulated deficit. That’s the problem. We have too much deficit. We have to find a solution. Nassim Nicholas Taleb Read Quote
A country’s assets reside in the tinkerers, the hobbyists, and the risk-takers. Nassim Nicholas Taleb Read Quote
Bailing out every bank that fails makes the system riskier, not safer. Nassim Nicholas Taleb Read Quote
When you write, you don’t have the social constraints of having people in front of you, so you talk about abstract matters. Nassim Nicholas Taleb Read Quote
Nobody reads the disclosures that roll down your computer screen. You click ‘I agree’ but you don’t know what you’re agreeing to. Nassim Nicholas Taleb Read Quote