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)
Linear relationships are truly the exception; we only focus on them in classrooms and textbooks because they are easier to understand.
Public companies, like human cells, are programmed for apoptosis, suicide through debt and hidden risks. Bailouts invest the process with a historical dimension.
The rationalist imagines an imbecile-free society; the empiricist an imbecile-proof one, or even better, a rationalist-proof one.