Nassim Nicholas Taleb Quotes & Sayings (Page 7)

“People employed in financial institutions are rarely interesting and even more rarely likable.”

“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.”

“We should ban banks from risk-taking because society is going to pay the price.”

“You know, children philosophize more than adults - and they are critical of adults.”

“I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.”

“If you are an Arabic-speaking, Greek-Orthodox going to a French school it makes you deeply sceptical if you have to listen to three different accounts of the Crusades - one from the Muslim side, one from the Greek side and one from the Catholic side.”

“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.”

“The Internet allows the small guy a global marketplace. But technology is harmful in the sense that we get too much information from it. Because of the web we get 10 times the amount of noise we ever got, which makes harmful fallacies far more likely.”

“A good maxim allows you to have the last word without even starting a conversation.”

“Being an economist is the least ethical profession, closer to charlatanism than any science.”