A Quote by Nassim Nicholas Taleb
Bankers, they're not harmed by their mistakes. They benefit when things go right, and the society pays the price.
Related Quotes
The price which society pays for the law of competition, like the price it pays for cheap comforts and luxuries, is great; but the advantages of this law are also greater still than its cost- for it is to this law that we owe our wonderful material development, which brings improved conditions in its train.
Crime is the price society pays for abandoning character.
If bankers become overly conservative in response to past lending mistakes - or if examiners force such behavior - it will hurt bankers' own long-term interests and the economy in general.
Capitalism is about adventurers who get harmed by their mistakes, not people who harm others with their mistakes.
There is something utterly nauseating about a system of society which pays a harlot 25 times as much as it pays its prime minister, 250 times as much as it pays its members of Parliament and 500 times as much as it pays some of its ministers of religion.
I defend both the freedom of expression and society's right to counter it. I must pay the price for differing. It is the natural way of things.
If someone is able to show me that what I think or do is not right, I will happily change, for I seek the truth, by which no one ever was truly harmed. Harmed is the person who continues in his self-deception and ignorance.
Do lifelong artists pay a price for having chosen to make art? Of course. Everyone pays the price for his or her choices.
Satan promises the best, but pays with the worst; he promises honor, and pays with disgrace; he promises pleasure, and pays with pain; he promises profit, and pays with loss, he promises life, and pays with death. But God pays as he promises; all his payments are made in pure gold.
It's a mistake to think that poor people get the benefit from the welfare system. It's a total fraud. Most welfare go to the rich of this country: the military-industrial complex, the bankers, the foreign dictators, it's totally out of control.
Whatever the price, identify it now. What will you have to go through to get where you want to be? There is a price you can pay to be free of the situation once and for all. It may be a fantastic price or a tiny one -- but there is a price.
Whatever the price, identify it now. What will you have to go through to get where you want to be? There is a price you can pay to be free of the situation once and for all. It may be a fantastic price or a tiny one - but there is a price.
A typical mathematician does not actively try to be useful. Individual mathematicians are motivated primarily by a subtle mixture of ambition and intellectual curiosity, and not by a wish to benefit society, nevertheless, mathematics as a whole does benefit society.
[T]he price you've paid is not the price of becoming human. It's not even the price of having the things you just mentioned. It's the price of enacting a story that casts mankind as the enemy of the world.
There's a reason 'The Price Is Right' is on in every country in the world. It's simple, and people want to know the price of things. Plus we give away brilliant prizes.
You'll make mistakes, but if you make mistakes by trying to do the right things, then they're mistakes that most coaches and most teammates can accept.
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