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

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


Nassim Nicholas Taleb
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Other quotes of Nassim Nicholas Taleb


Doctors most commonly get mixed up between absence of evidence and evidence of abense

Doctors most commonly get mixed up between absence of evidence and evidence of abense



A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.

A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.



For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering.

For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering.



Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.

Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.



People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.

People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.



Democracies can't handle austerity measures very well.

Democracies can't handle austerity measures very well.



Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.

Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.




Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.

Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.



Someone bemoaned that there were so few women in economics. But there are also very few men in economics.

Someone bemoaned that there were so few women in economics. But there are also very few men in economics.





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PULL and PUSH" are basic principles of life. You must PULL to work hard and then PUSH to give hard"... The reason why we gain is to give!

PULL and PUSH" are basic principles of life. You must PULL to work hard and then PUSH to give hard"... The reason why we gain is to give!



Let her remain where she is. A constellation away.

Let her remain where she is. A constellation away.



In order for me to parent well I have to empathize and stay open with my son.

In order for me to parent well I have to empathize and stay open with my son.



I think doubt is a very healthy way to live.

I think doubt is a very healthy way to live.



,000 people in Hampden Park. Of course they're all Scottish. Because no one else goes there. The English have an unwritten rule: they only go to places they might get back from.

,000 people in Hampden Park. Of course they're all Scottish. Because no one else goes there. The English have an unwritten rule: they only go to places they might get back from.



I'm no role model; all I want to show is love.

I'm no role model; all I want to show is love.



We are more ready to try the untried when what we do is inconsequential. Hence the remarkable fact that many inventions had their birth as toys.

We are more ready to try the untried when what we do is inconsequential. Hence the remarkable fact that many inventions had their birth as toys.



I realised all the good ideas were taken before I was even born.

I realised all the good ideas were taken before I was even born.



Nothing happens here in this building, in the House of Representatives, if there's no demand from outside the Capitol.

Nothing happens here in this building, in the House of Representatives, if there's no demand from outside the Capitol.



If we really face our sadness, we find it speaks with the voice of our deepest longing. And if we face it a little longer we find that it teaches us the way to attain what we long for.

If we really face our sadness, we find it speaks with the voice of our deepest longing. And if we face it a little longer we find that it teaches us the way to attain what we long for.




Quote Description


This page presents the quote "Bankers, they're not harmed by their mistakes. They benefit when things go right, and the society pays the price.". Author of this quote is Nassim Nicholas Taleb. This quote is about society, pay the price, bankers, mistake,.