Nassim-Nicholas-Taleb Cytaty
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#110803 Nassim-Nicholas-Taleb
Before the discovery of Australia, people in the Old World were convinced that all swans were white (...). (...) It illustrates a severe limitation to our learning from observations or experience and the fragility of our knowledge.
#110806 Nassim-Nicholas-Taleb
Based on their empirical record, [experts] do not know more about their subject matter than the general population, but they are much better at narrating - or, worse, at smoking you with complicated mathematical models. They are also more likely to wear a tie.
#110923 Nassim-Nicholas-Taleb
The human mind suffers from three ailments as it comes into contact with history, what I call the triplet of opacity. They are: a. the illusion of understanding, or how everyne thinks he knows what is going on in a world that is more complicated (or random) than they realize; b. the retrospective distortion, or how we can assess matters only after the fact, as if they were in a rearview mirror (history seems clearer and more organized in history books than in empirical reality); and c. the overvaluation of factual information and the handicap of authoritative and learned people, particularly when they create categories - when they Platonify.
#110924 Nassim-Nicholas-Taleb
(...) our minds are wonderful explanation machinas, capable of making sense out of almost anything, caplable of mounting explanations for all manner of phenomena, and generally incapable of accepting the idea of unpredictability.
#110945 Nassim-Nicholas-Taleb
When people at coctail parties asked me what I did for a living, I was tempted to answer, I am a skeptical empiricist ad a flâneur-reader, someone committed to getting very deep into an idea, but I made things simple by saying that I was a limousine driver.
#110946 Nassim-Nicholas-Taleb
I then realized that the great strength of the free-market system is the fact that company executives dont need to know whats going on.
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