The problem with experts is that they do not know what they do not know. - Nassim Nicholas Taleb

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The problem with experts is that they do not know what they do not know.

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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.

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Also Known As

Alternative Names: Nassim Taleb
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Additional quotes by Nassim Nicholas Taleb

This confirmation problem pervades our modern life, since most conflicts have at their root the following mental bias: when Arabs and Israelis watch news reports they see different stories in the same succession of events. Likewise, Democrats and Republicans look at different parts of the same data and never converge to the same opinions. Once your mind is inhabited with a certain view of the world, you will tend to only consider instances proving you to be right. Paradoxically, the more information you have, the more justified you will feel in your views.

How do you innovate? First, try to get in trouble. I mean serious, but not terminal, trouble. I hold — it is beyond speculation, rather a conviction — that innovation and sophistication spark from initial situations of necessity, in ways that go far beyond the satisfaction of such necessity (from the unintended side effects of, say, an initial invention or attempt at invention).

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