Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China. Nassim Nicholas Taleb cancellationchinachristmas Change image and share on social
Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom. Nassim Nicholas Taleb badcasecrazy Change image and share on social
Debt is a mistake between lender and borrower, and both should suffer. Nassim Nicholas Taleb borrowerdebtlender Change image and share on social
The world we live in is vastly different from the world we think we live in. Nassim Nicholas Taleb livevastlyworld Change image and share on social
The key to wealth is that it doesn't matter. Once you've had it, you don't think anything of it; you can wear cheap watches. Nassim Nicholas Taleb cheaphavekey Change image and share on social
We humans lack imagination, to the point of not even knowing what tomorrow's important things will look like. Nassim Nicholas Taleb humanimaginationimportant Change image and share on social
Most people are sceptical about the wrong things and gullible about the wrong things. Nassim Nicholas Taleb gulliblepeoplesceptical Change image and share on social
The best philosophers were not academics, but had another job, so their philosophy was not corrupted by careerism. Nassim Nicholas Taleb academiccareerismcorrupt Change image and share on social
Years ago, I noticed one thing about economics, and that is that economists didn't get anything right. Nassim Nicholas Taleb agoeconomicseconomist Change image and share on social
You know, children philosophize more than adults - and they are critical of adults. Nassim Nicholas Taleb adultchildcritical Change image and share on social
