Nassim Nicholas Taleb Quotes

Lebanese - Scientist | 1960 -

You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades.

Nassim Nicholas Taleb

NameYouYearsCannotBeenEven

The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.

Nassim Nicholas Taleb

MedicineBadBeyondEventsTrack

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

Nassim Nicholas Taleb

MistakeDebtSufferBetweenShould

We humans lack imagination, to the point of not even knowing what tomorrow's important things will look like.

Nassim Nicholas Taleb

ImaginationTomorrowLookImportant

In the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense.

Nassim Nicholas Taleb

ControlCongressFuneralDelaySome

People employed in financial institutions are rarely interesting and even more rarely likable.

Nassim Nicholas Taleb

PeopleFinancialInterestingMore

I have never had personal debt and never will.

Nassim Nicholas Taleb

DebtPersonalWillNeverHad

I don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.

Nassim Nicholas Taleb

WorkDayThinkingEvery DayWall

If you are in banking and lending, surprise outcomes are likely to be negative for you.

Nassim Nicholas Taleb

NegativeSurpriseYouBankingLikely

I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.

Nassim Nicholas Taleb

WhereChargeStillWhoFavours

Inequalities of wealth lead to a dispersion in wealth for all.

Nassim Nicholas Taleb

WealthLeadInequalities

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

Nassim Nicholas Taleb

GoodYouConversationStartingLast

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