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If you let markets - in genera...

If you let markets - in general, my belief is that if you let markets give you information, they'll give you the information rather than artificially prop up everything.

Nassim Taleb 338 quotes

If you're going to fail, you'd...

If you're going to fail, you'd rather fail early than fail late in general.

Nassim Taleb 338 quotes

I'd rather have the market tel...

I'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.

Nassim Taleb 338 quotes

Any system that is deprived of...

Any system that is deprived of its natural volatility, with government up (unintelligible) volatile, any system becomes very fragile.

Nassim Taleb 338 quotes

The opposite of fragile is som...

The opposite of fragile is something that gains from disorder.

Nassim Taleb 338 quotes

People work out, they stress t...

People work out, they stress their body, and their body gets stronger from stress.

Nassim Taleb 338 quotes

Anything organic requires some...

Anything organic requires some dose of variability so it can adapt all the time, and fixing things is not a good idea.

Nassim Taleb 338 quotes

A washing machine needs consta...

A washing machine needs constant maintenance. It doesn't want any harm. It wants tranquility, and you need someone to - you're not going to harm it by continuously monitoring it and adjusting it.

Nassim Taleb 338 quotes

Is the economy something organ...

Is the economy something organic or is it something engineered? I think it's closer to the organic. You harm it by artificially suppressing volatility in it.

Nassim Taleb 338 quotes

There are systems that use fai...

There are systems that use failure as fuel for improvement, where the cost of failure is small.

Nassim Taleb 338 quotes

Failure saves lives. In the ai...

Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that.

Nassim Taleb 338 quotes

You want failures to be small ...

You want failures to be small and informational. Silicon Valley does very well. It knows how to use failure as a tool for improvement.

Nassim Taleb 338 quotes

Make sure that you are in a si...

Make sure that you are in a situation where the constant mistakes are small and can be used for something.

Nassim Taleb 338 quotes

As countries get rich they sta...

As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they think they're obligated to use the body of knowledge they have.

Nassim Taleb 338 quotes

Political life loves some vola...

Political life loves some volatility.

Nassim Taleb 338 quotes

Switzerland is the perfect pla...

Switzerland is the perfect place where you have volatility at a municipal level that nothing up top - small units competing with each other.

Nassim Taleb 338 quotes

A system, artificially stabili...

A system, artificially stabilized, and of course you have hidden risks under the surface, and you don't know where the risks are.

Nassim Taleb 338 quotes

You want to favor systems that...

You want to favor systems that benefit from error, disorder, variability and things like that. You want to favor these systems and unfortunately, when - there's something I call the Soviet Illusion. The more the government becomes intrusive, the more things have to follow a script, and it can't handle this kind of system.

Nassim Taleb 338 quotes

Bankers, they're not harmed by...

Bankers, they're not harmed by their mistakes. They benefit when things go right, and the society pays the price.

Nassim Taleb 338 quotes

The bonus for bankers fragiliz...

The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.

Nassim Taleb 338 quotes

Добрые, щедрые, великодушные: 6 советских актеров, которые были всеобщими любимчиками

23

Советских актёров часто ставят в пример как образец духовной силы, национальной гордости и внутренней красоты. Они стали символами эпохи, носителями культуры и нравственности. Но, как известно, за кул...

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Неузнаваемая Ким Кардашьян в объективе фотографа Маркуса Клинко, 2009 год. Памела Андерсон в самой первой съёмке для журнала «Playboy», 1990. На фото голливудская актриса Dorothy Lamour и шимпанзе Джи...

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Расскажем, как сложилась судьба актеров, которые начинали сниматься еще в детстве.
Остаться на вершине в Голливуде удаётся не каждому, особенно если путь начался в детстве. Одни актёры теряются из-за...

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Два года назад отечественное телевидение столкнулось с беспрецедентной кадровой тектоникой — целая группа ярких и узнаваемых ведущих стремительно исчезла с экранов федеральных каналов. Эти лица долгие...

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Кира Найтли на страницах журнала к выходу фильма «Пиджак», 2005. Следы динозавра, раскопанные в русле реки Палакси. Техас. США. 1952г. Самая большая женщина рядом с самым маленьким мужчиной, 1922 год....