Heuristics are simplified rules of thumb that make things simple and easy to implement. But their main advantage is that the user knows that they are… - Nassim Nicholas Taleb

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Heuristics are simplified rules of thumb that make things simple and easy to implement. But their main advantage is that the user knows that they are not perfect, just expedient, and is therefore less fooled by their powers. They become dangerous when we forget that.

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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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It is as if the mission of modernity was to squeeze every drop of variability and randomness out of life — with the ironic result of making the world a lot more unpredictable, as if the goddesses of chance wanted to have the last word.

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