The difference between slaves in Roman and Ottoman days and today’s employees is that slaves did not need to flatter their boss. - Nassim Nicholas Taleb

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The difference between slaves in Roman and Ottoman days and today’s employees is that slaves did not need to flatter their boss.

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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

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Alternative Names: Nassim Taleb
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Additional quotes by Nassim Nicholas Taleb

A mistake is not something to be determined after the fact, but in the light of the information until that point

The strategy for the discoverers and entrepreneurs is to rely less on top-down planning and focus on maximum tinkering and recognizing opportunities when they present themselves. So I disagree with the followers of Marx and those of Adam Smith: the reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or “incentives” for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can.

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