A Quote by Nassim Nicholas Taleb
I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.
Related Quotes
No matter how the financial system is set up, no matter what the economic system is, as long as you have people, you're going to have financial crises; you're going to have bubbles that manifest themselves in the financial system.
Once in 1979, [Zbigniew] Brzezinski gave an important slogan: "Bye-bye PLO." After two months, I was in Tehran saying to him: "Bye-bye Brzezinski." Who can imagine that America will lose one of its strongest bases?
I do not say goodbye. I believe that's one of the bullshitiest words ever invented. It's not like you're given the choice to say bad-bye, or awful-bye, or couldn't-care-less-about-you-bye. Everytime you leave, it's supposed to be a good one.
Today, financial capital is no longer the key asset. It is human capital. Success is no longer about economic competence as the main leverage. It is about emotional intelligence. It is no longer about controls. It is about collaboration. It is no longer about hierarchies. It is about leading through networks. It is no longer about aligning people through structures and spreadsheets. It is about aligning them through meaning and purpose. It is no longer about developing followers. It is about developing leaders.
I'm a big believer in you make your argument to everybody, and you do it in a way that is real and very candid. Even if people don't agree with you, they appreciate that you're telling them what you believe and they know that you care about them. That's I think a very important part of it that sometimes gets missed, is that people will be OK with you saying something they're not totally on-board with as long as they know that you believe it because you want to help them. That means you've got to care about everybody.
What built America's called the American system, from Hamilton to Polk to Henry Clay to Lincoln to the Roosevelts. A system of protection of our manufacturing, financial system that lends to manufacturers, OK, and the control of our borders.
A team aligned behind a vision will move mountains. Sell them on your roadmap and don't compromise - care about the details, the fit and finish.
Once I started working as a professional actor, it was like, 'Bye-bye waiting tables, bye-bye bartending, bye-bye all the cliched jobs actors do.' But after a year of not getting work, there's this really difficult conflict, like, 'Do I have to go back to being a waiter when people recognize me from a show?'
I was trying to feel some kind of good-bye. I mean I’ve left schools and places I didn’t even know I was leaving them. I hate that. I don’t care if it’s a sad good-bye or a bad good-bye, but when I leave a place I like to know I’m leaving it. If you don’t you feel even worse.
Everybody's talking about ministers, sinisters, banisters, and canisters, bishops, fishops, rabbis, and popeyes, bye-bye, bye-byes.
I always knew that someone was going to come at me with a script to play God. It's just one of those things, the way your career is unfolding and all the talk about gravitas etc etc, so I had a strong feeling that someone was going to offer me the part of God. I was totally prepared to say, 'Thanks but no thanks,' unless it was a comedy.
For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
I was raised with the idea of maximum effort: as long as you could look in the mirror and say, 'I gave it everything I had,' it was OK. But if you gave it less, that would disgrace you.
Maybe [the Republicans] 'll find ways around it, but the financial system of the world depends very heavily on the credibility of the US Treasury Department. US Treasury securities are what's called "good as gold"; they're the basis of international finance, and if the government can't uphold them, if they become valueless, the effect on the international financial system could be quite severe. But in order to destroy a limited health-care law, the right-wing Republicans, the reactionary Republicans, are willing to do that.
In comparison to the U.S. health care system, the German system is clearly better, because the German health care system works for everyone who needs care, ... costs little money, and it's not a system about which you have to worry all the time. I think that for us the risk is that the private system undermines the solidarity principle. If that is fixed and we concentrate a little bit on better competition and more research, I think the German health care system is a nice third way between a for-profit system on the one hand and, let's say, a single-payer system on the other hand.
The Libor system is structurally flawed. It is a major problem for our financial system and for the confidence in the financial system. We need to address it.
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