Nassim Nicholas Taleb Quotes
I don't read the papers; I stopped reading the papers. I read the papers only during periods of crisis, and I think papers are too long on a regular day and too short days when we have a crisis.
Taleb, Nassim Nicholas. The Black Swan: The Impact of the Highly Improbable. Random House, 2007.
In the age of digital electronics, the media, with its tendency to want to be the first to break any news story, reports events very quickly even when they have not verified what they are reporting. When an event occurs, the initial reports almost always include some errors and are incomplete with respect to critical information. There is no time for reflection and adding context. Then they often repeat the errors and omissions until there is more clarity and they begin to report a more accurate version. National Public Radio thus tries to “slow down” the news, not report it immediately but to wait for verification and allow the journalists some time for contemplation and reflection.
Nassim Nicholas Taleb (/ˈtɑːləb/; alternatively Nessim or Nissim; born 1960) is a Lebanese-American essayist, scholar, mathematical statistician, and former option trader and risk analyst, whose work concerns problems of randomness, probability, and uncertainty. His 2007 book The Black Swan has been described by The Sunday Times as one of the twelve most influential books since World War II.
