Money and Finance
- Harari On Hindsight...
From Sapiens: A Brief History of Humankind: "...the better you know a particular historical period, the harder it becomes to explain why things happened one way and not another…In fact, the people who knew the period best – those alive at the...
- Nassim Taleb Quote
“Political and economic “tail events” are unpredictable, and their probabilities are not scientifically measurable. No matter how many dollars are spent on research, predicting revolutions is not the same as counting cards; humans will never...
- Nassim Taleb Quote
“The problem here is the notion of “better,” this focus on skills as leading to success. Random outcomes, or an arbitrary situation, can also explain success, and provide the initial push that leads to a winner-take-all result. A person can get...
- Complimentary Quotes From Nassim Taleb And Howard Marks
“The Black Swans we imagine, discuss, and worry about do not resemble those likely to be Black Swans. We worry about the wrong “improbable” events……We like to think about specific and known Black Swans when in fact the very nature of randomness...
- Nassim Taleb On Econtalk
Nassim Taleb, author of Fooled By Randomness and The Black Swan, talks with EconTalk host Russ Roberts about antifragility, the concept behind Taleb's next book, a work in progress. Taleb talks about how we can cope with our ignorance and uncertainty...
Money and Finance
Nassim Taleb quote
“We humans are the victims of an asymmetry in the perception of random events. We attribute our successes to our skills, and our failures to external events outside our control, namely to randomness. We feel responsible for the good stuff, but not for the bad. This causes us to think that we are better than others at whatever we do for a living.” –Nassim Taleb, The Black Swan
- Harari On Hindsight...
From Sapiens: A Brief History of Humankind: "...the better you know a particular historical period, the harder it becomes to explain why things happened one way and not another…In fact, the people who knew the period best – those alive at the...
- Nassim Taleb Quote
“Political and economic “tail events” are unpredictable, and their probabilities are not scientifically measurable. No matter how many dollars are spent on research, predicting revolutions is not the same as counting cards; humans will never...
- Nassim Taleb Quote
“The problem here is the notion of “better,” this focus on skills as leading to success. Random outcomes, or an arbitrary situation, can also explain success, and provide the initial push that leads to a winner-take-all result. A person can get...
- Complimentary Quotes From Nassim Taleb And Howard Marks
“The Black Swans we imagine, discuss, and worry about do not resemble those likely to be Black Swans. We worry about the wrong “improbable” events……We like to think about specific and known Black Swans when in fact the very nature of randomness...
- Nassim Taleb On Econtalk
Nassim Taleb, author of Fooled By Randomness and The Black Swan, talks with EconTalk host Russ Roberts about antifragility, the concept behind Taleb's next book, a work in progress. Taleb talks about how we can cope with our ignorance and uncertainty...