Sunday, June 09, 2024 Text is available under the CC BY-SA 3.0 licence.

Nassim Nicholas Taleb

« All quotes from this author
 

We are robust when errors in the representation of the unknown and understanding of random effects do not lead to adverse outcomes —fragile otherwise.
--
p. 107

 
Nassim Nicholas Taleb

» Nassim Nicholas Taleb - all quotes »



Tags: Nassim Nicholas Taleb Quotes, Authors starting by T


Similar quotes

 

The fragile wants tranquility, the antifragile grows from disorder, and the robust doesn't care too much.

 
Nassim Nicholas Taleb
 

It was the random element that baffled investigation. Even that was a matter of semantics. For Holloway was convince that it wasn't really random. There just weren't enough known factors. No adult could work the abacus, for example. And Holloway thoughtfully refrained from letting a child play with the thing.
The crystal cube was similarly cryptic. It showed a mad pattern of colors, which sometimes moved. In this it resembled a kaleidoscope. But the shifting of balance and gravity didn't affect it. Again the random factor.
Or, rather, the unknown. The x pattern.

 
Lewis Padgett
 

Anxiety, the next gumption trap, is sort of the opposite of ego. You're so sure you'll do everything wrong you're afraid to do anything at all. Often this, rather than "laziness," is the real reason you find it hard to get started. This gumption trap of anxiety, which results from over-motivation, can lead to all kinds of errors of excessive fussiness. You fix things that don't need fixing, and chase after imaginary ailments. You jump to wild conclusions and build all kinds of errors into the machine because of your own nervousness. These errors, when made, tend to confirm your original underestimation of yourself. This leads to more errors, which lead to more underestimation, in a self-stoking cycle. The best way to break this cycle, I think, is to work out your anxieties on paper. Read every book and magazine you can on the subject. Your anxiety makes this easy and the more you read the more you calm down.

 
Robert M. Pirsig
 

Because our minds need to reduce information, we are more likely to try to squeeze a phenomenon into the Procrustean bed of a crisp and known category (amputating the unknown), rather than suspend categorization, and make it tangible. Thanks to our detections of false patterns, along with real ones, what is random will appear less random and more certain—our overactive brains are more likely to impose the wrong, simplistic, narrative than no narrative at all.

 
Nassim Nicholas Taleb
 

In the Small group the individual can know the effects of his actions on his several fellows, and the rules may effectively forbid him to harm them in any manner and even require him to assist them in specific ways. In the Great Society many of the effects of a person's actions on various fellows must be unknown to him. It can, therefore, not be the specific effects in the particular case, but only rules which define kinds of actions prohibited or required, which must serve as guides to the individual.

 
Friedrich Hayek
© 2009–2013Quotes Privacy Policy | Contact