When I trade, I don't have an agency problem; I have my neck on the line. When a bank or banker trades, it's not his neck on the line. - Nassim Nicholas Taleb

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When I trade, I don't have an agency problem; I have my neck on the line. When a bank or banker trades, it's not his neck on the line.

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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

Also Known As

Alternative Names: Nassim Taleb
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Additional quotes by Nassim Nicholas Taleb

2) The danger of Nationalism is an absorption of values: lives of others don't count: Both H & W Bush counted only U.S. soldiers. For Salafis, lives of infidels don't count. For a localist everyone counts, but your obligation to family members is greater.

Let me insist that erudition is important to me. It signals genuine intellectual curiosity. It accompanies an open mind and the desire to probe the ideas of others. Above all, an erudite can be dissatisfied with his own knowledge, and such dissatisfaction is a wonderful shield against Platonicity, the simplifications of the five-minute manager, or the philistinism of the overspecialized scholar. Indeed, scholarship without erudition can lead to disasters.

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