Phrase by 'Nassim Nicholas Taleb'

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Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  Education , Children , Enjoy , Learning


Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  You , Business , Late , Calm


Debt is a mistake between lender and borrower, and both should suffer.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  Mistake , Should , Debt , Suffer


The next time you experience a blackout, take some solace by looking at the sky. You will not recognize it.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  You , Time , Experience , Sky


Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  Years , Anything , Right , Economics


We know from chaos theory that even if you had a perfect model of the world, you'd need infinite precision in order to predict future events. With sociopolitical or economic phenomena, we don't have anything like that.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  You , World , Future , Chaos


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

Author: Nassim Nicholas Taleb - Lebanese Scientist
  You , More , Know , Children


When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  You , People , Talk , Matters


Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  Never , Think , Ever , Stability


Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money.

Author: Nassim Nicholas Taleb - Lebanese Scientist
  You , Money , War , Advice


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