Nassim Nicholas Taleb

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

"I will use statistics and inductive methods to make aggressive bets, but I will not use them to manage my risks and exposure. ...ll the surviving traders I know seem to have done the same. ...hey make…"

"Much of modern life is preventable chronic stress injury."

"Statistics... is all based on... the steady augmentation of the confidence level... or an n times increase in sample size, we increase our knowledge by the square root on n. ...Where statistics ...fai…"

"e like to emit logical and rational ideas but we do not enjoy this execution."

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

"For the robust, an error is information."

"My major hobby is teasing people who take themselves and the quality of their knowledge too seriously and those who don’t have the guts to sometimes say: I don’t know...."