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

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Engraved portrait of Nassim Nicholas Taleb, facing right

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

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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 · Portrait adapted from Wikimedia Commons, Sarah Josephine Taleb (CC BY)

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Alternative Names: Nassim Taleb

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The only way you can "convince" rentseekers [bankers/academicobureaucrats] is showing them that it is in their own INTERESTS to change their mind. When against their interests, make it painful for them by 1) convincing OTHERS, 2) continuously exposing, 3) humiliating them

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