Believe me, it is tough to deal with the social consequences of the appearance of continuous failure. We are social animals; hell is other people.

Nassim Nicholas Taleb


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Author discussed what he calls the "narrative fallacy." This refers to our "limited ability" to look at a sequence of facts "without weaving an explanation into them.

Nassim Nicholas Taleb

Tags: assumptions preconceptions prejudices presumptions



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I will repeat the following until I am hoarse: it is contagion that determines the fate of a theory in social science, not its validity.

Nassim Nicholas Taleb

Tags: theory social-sciences



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The minute I was bored with a book or a subject I moved to another one, instead of giving up on reading altogether - when you are limited to the school material and you get bored, you have a tendency to give up and do nothing or play hooky out of discouragement.

The trick is to be bored with a specific book, rather than with the act of reading. So the number of the pages absorbed could grow faster than otherwise. And you find gold, so to speak, effortlessly, just as in rational but undirected trial-and-error-based research. It is exactly like options, trial and error, not getting stuck, bifurcating when necessary but keeping a sense of broad freedom and opportunism.

Trial and error is freedom.

Nassim Nicholas Taleb


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Realism is punishing. Probabilistic skepticism is worse.

Nassim Nicholas Taleb


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A mistake is not something to be determined after the fact, but in the light of the information until that point

Nassim Nicholas Taleb

Tags: mistakes decision-making process outcomes



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[T]he worst thing one can do to feel one knows things a bit deeper is to try to go into them a bit deeper.

Nassim Nicholas Taleb

Tags: knowledge



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Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.

Nassim Nicholas Taleb


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He who has never sinned is less reliable than he who has only sinned once.

Nassim Nicholas Taleb


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Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.

Nassim Nicholas Taleb


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