QUOTES OF THE DAY 5-2-13

“Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.”
― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

“Heroes are heroes because they are heroic in behavior, not because they won or lost.”
― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

“Remember that you are a Black Swan.”
― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.”
― Nassim Nicholas Taleb

“If you hear a “prominent” economist using the word ‘equilibrium,’ or ‘normal distribution,’ do not argue with him; just ignore him, or try to put a rat down his shirt.”
― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

“My biggest problem with modernity may lie in the growing separation of the ethical and the legal”
― Nassim Nicholas Taleb, The Bed of Procrustes: Philosophical and Practical Aphorisms

“The inability to predict outliers implies the inability to predict the course of history”
― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

“The difference between technology and slavery is that slaves are fully aware that they are not free”
― Nassim Nicholas Taleb