782 Quotes by Nassim Nicholas Taleb

There are two types of people: those who try to win and those who try to win arguments. They are never the same.

People who forecast simply because "that's my job," knowing pretty well that their forecast is ineffectual, are not what I would call ethical. What they do is no different from repeating lies simply because "it's my job."

Weak men act to satisfy their needs, stronger men their duties.

Economics make homeopath and alternative healers look empirical and scientific.

Restaurants get you in with food to sell you liquor; religions get you in with belief to sell you rules.

You never win an argument until they attack your person.

The number of managers with great track records in a given market depends far more on the number of people who started in the investment business (in place of going to dental school), rather than on their ability to produce profits.

The more data we have, the more likely we are to drown in it.

I am happy everywhere except in places where I see glitz and rich farts. I am happiest in Brooklyn, where the concentration of rich farts is minimal.