Nassim Nicholas Taleb Quotes

When I come to work each day, whether as a commentator for TheStreet.com or a host of Mad Money With Jim Cramer, I have only one thought in mind: helping people with their money.

It's fine to seek professional help, but I urge everyone - no matter how big their portfolio - to truly understand every suggestion they're given before acting.

Millions have been taken from me. If you are not on top of it and you make a lot of money, and you trust business managers, then, yes, money will be taken from you.

I could never gamble on stocks and shares because I saw my father get hurt that way - he lost quite a lot of money when the stock market collapsed in 2001.

If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.

I can't afford to die; I'd lose too much money.

Who would you want to be giving you advice? Somebody who doesn't have any money?

There is no quick way of making money. People come to you with tips for the races or offer the latest Ponzi scheme, but I can see them coming a mile off. I just go with the adage that if it sounds too good to be true it probably is.

I would suggest that you only take advice from those people who have a lot of experience and who you trust as well. Also, be extremely conservative with your investments.

For athletes, it's extremely tough to trust people with your finances. It's so easy to be victimized.

When I have people trust me with their money, I am obligated to give them a great film. I am not obligated to give them a profit.

Only put money in the banking system that you can afford to lose!

Money brings a lot of responsibility as to what you're going to do with it, and I've given quite a bit of thought to that.

You could lose hundreds or thousands one day on paper and gain it all back the next, and it has literally no effect on your immediate future, provided the money you have in the market is money you're investing for the long haul (meaning at least three to five years).

As an artist, you are aware there is this strange money market out there, but you have no sense of how it works.

When I had money, I felt pressure, whether it was to invest it or do good with it, and I couldn't let it fizzle out. It was like I needed to prove to myself that I could look after it, only I did the opposite, but you have to take a chance in life.

I just really think every job I do, I get this gypsy attitude to money.

If your investing approach requires that you become Nostradamus to succeed, then you are destined to fail.

If studios don't get their money back, we don't have any movies. So it is important that films are successful, and I am fully supportive of that because I'm not just a director, I'm also not stupid. I've been in this business long enough and, to a certain extent, I'm a businessman; I know the importance of that.

One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.

The bottom-line message of history is that if you're doubling and tripling your money in record time, you're also more likely to lose it all.

I have always been afraid of banks.

It is easy at any moment to surrender a large fortune; to build one up is a difficult and an arduous task.

I try to stay ahead of things, if you know what I mean. I take the money I make and reinvest it.

People think money is life and your life is over if you lose it.