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Thursday, May 02, 2013

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

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