We humans lack imagination, to the point of not even knowing what tomorrow’s important things will look like. Nassim Nicholas Taleb Read Quote
People have the problem of denial. This is one of the things I learned in Lebanon. Everybody who left Beirut when the war started, including my parents, said, ‘Oh, its temporary.’ It lasted 17 years! People tend to underestimate the gravity of these situations. That’s how they work. Nassim Nicholas Taleb Read Quote
You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades. Nassim Nicholas Taleb Read Quote
Nature builds things that are antifragile. In the case of evolution, nature uses disorder to grow stronger. Occasional starvation or going to the gym also makes you stronger, because you subject your body to stressors and gain from them. Nassim Nicholas Taleb Read Quote
What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats. Nassim Nicholas Taleb Read Quote
Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes. Nassim Nicholas Taleb Read Quote
Most so-called writers keep writing and writing with the hope, some day, to find something to say. Nassim Nicholas Taleb Read Quote
When I trade, I don’t have an agency problem; I have my neck on the line. When a bank or banker trades, it’s not his neck on the line. Nassim Nicholas Taleb Read Quote