A Quote by Nassim Nicholas Taleb

Philosophers talk about truth and falsehood. People in life talk about payoff, exposure, and consequences (risks and rewards), hence fragility and antifragility. And sometimes philosophers and thinkers and those who study conflate Truth with risks and rewards.

Nassim Nicholas Taleb

Quote Topics

About Consequences Exposure Falsehood Fragility Hence Life Payoff People Rewards Risks Sometimes Study Talk Thinkers Those Truth Truth And Falsehood

Quote Author

Nassim Nicholas Taleb
Lebanese - Scientist
Born: 1960

Doubts are suppressed by groups... But remember that the internal incentives that shape how the group perceives risks and rewards may be very different from the reality of the risks and rewards in the external marketplace. Those incentives can distort risk perception.

Daniel Kahneman

I think the more you hone your voice, take risks and talk about things that matter, the better chance you have of getting into the realm of the philosophers of stand up. But you have to be funny.

Ted Alexandro

There are some risks we choose to take because the benefits from taking them exceed the possible costs. Optimal behavior takes risks that are worthwhile. This is the central paradigm of finance: we must take risks to achieve rewards, but not all risks are equally rewarded.

Robert F. Engle

My family deals with those risks. The best I can do is talk to them about some of those risks. I'm not incredibly specific with them, especially with my kids.

Mark Kelly

I talk a lot about taking risks, and then I follow that up very quickly by saying, 'Take prudent risks.'

Irene Rosenfeld

In regard to the philosophers, if they be true philosophers, i.e., lovers of truth, they should not be irritated that the earth moves. Rather, if they realize that they have held a false belief, they should thank those have shown them the truth; and if their opinion stands firm that the earth doesn't move, they will have reason to boast than be angered.

Galileo Galilei

The Bible is a wonderful book. It is the truth about the Truth. It is not the Truth. A sermon taken from the Bible can be a wonderful thing to hear. It is the truth about the truth about the truth. But it is not the truth. There have been many books written about the things contained in the Bible. I have written some myself. They can be quite wonderful to read. They are the truth about the truth about truth about the Truth. But they are NOT the Truth. Only Jesus Christ is the Truth. Sometimes the Truth can be drowned in a multitude of words.

Richard Wurmbrand

I think one reason is that philosophers are more insecure to speak accessibly because non-philosophers are skeptical that philosophers have any special expertise. After all, all people - not just philosophers - have attitudes and points of view on various philosophical questions, and they rather resent being told that there are professionals who can think about these things better.

Rebecca Goldstein

One doesn't accept bad challenges. Part of it is always the risk-taking without seeing that the risks are rational and the rewards are commensurate.. are more than commensurate.. with the risks.

Sumner Redstone

Every day, you'll have opportunities to take chances and to work outside your safety net. Sure, it's a lot easier to stay in your comfort zone.. in my case, business suits and real estate.. but sometimes you have to take risks. When the risks pay off, that's when you reap the biggest rewards.

Donald Trump

Economists and workplace consultants regard it as almost unquestioned dogma that people are motivated by rewards, so they don't feel the need to test this. It has the status more of religious truth than scientific hypothesis. The facts are absolutely clear. There is no question that in virtually all circumstances in which people are doing things in order to get rewards, extrinsic tangible rewards undermine intrinsic motivation.The bonus myth: How paying for results can backfire The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing.

Albert Einstein

I think that's something that investment banks have worried about for a long time and are continuing to worry about, but it's not an easy solution when you have lots of people betting the company's money, how do you really allocate those risks? How do you make sure that the people that take the risks are feeling the risks in an appropriate kind of fashion?

Robert F. Engle

When you take high risks, the rewards are higher. So sometimes I'll gamble just to see what happens. If it doesn't work, I know I can't do that.

Toni Braxton

In the workplace, we're taught to worry about what happens if we don't have full, complete knowledge of every detail. But if you create a culture and an environment that rewards people for taking risks, even if they don't succeed, you can start changing behavior.