Nassim Nicholas Taleb Quotes About Property

• We tend to treat our knowledge as personal property to be protected and defended. It is an ornament that allows us to rise in the pecking order. [...] We take what we know a little too seriously.

  Nassim Nicholas Taleb

  Knowledge, Order, Ornaments

  "The Black Swan: The Impact of the Highly Improbable". Book by Nassim Nicholas Taleb, April 17, 2007.

• Those who were unlucky in life in spite of their skills would eventually rise. The lucky fool might have benefited from some luck in life; over the longer run he would slowly converge to the state of a less-lucky idiot. Each one would revert to his long-term properties.

  Nassim Nicholas Taleb

  Running, Skills, Long

  Nassim Nicholas Taleb (2008). “Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets”, p.58, Random House

• While in theory randomness is an intrinsic property, in practice, randomness is incomplete information.

  Nassim Nicholas Taleb

  Practice, Information, Theory

  Nassim Nicholas Taleb (2010). “The Black Swan: Second Edition: The Impact of the Highly Improbable Fragility"”, p.198, Random House

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