There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient (...), and a rando… - Nassim Nicholas Taleb

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Engraved portrait of Nassim Nicholas Taleb, facing right

There is no effective difference between guessing a variable that is not random, but for which information is partial or deficient (...), and a random one (...). In this sense, guessing (what I don't know, but what someone else may know) and predicting (what has not taken place yet) are the same thing.

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About Nassim Nicholas Taleb

Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Sarah Josephine Taleb (CC BY)

Also Known As

Alternative Names: Nassim Taleb

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My idea of the modern Stoic sage is someone who transforms fear into prudence, pain into information, mistakes into initiation, and desire into undertaking.

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