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If you hear advice from a grandmother or elders, odds are that it works 90 percent of the time. On the other hand [...] if you read anything by psychologists and behavioral scientists, odds are that it works at less than 10 percent, unless it is has also been covered by the grandmother and the classics, in which case why would you need a psychologist?

Nassim Nicholas Taleb

It is much easier to do business with the owner of the business than some employee who is likely to lose his job next year; likewise it is easier to trust the word of an autocrat than a fragile elected official.

Nassim Nicholas Taleb

Individuals don`t need to know where they are going; markets do. Leave people alone under a good structure and they will take care of things.

Nassim Nicholas Taleb

Learning is rooted in repetition [...], meaning that the reading of a single text twice is more profitable than reading two different things once, provided of course that said text has some depth of content.

Nassim Nicholas Taleb

You will never fully convince someone that he is wrong; only reality can.

Nassim Nicholas Taleb

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