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Nassim Nicholas Taleb Quotes: Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
         

Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.


Nassim Nicholas Taleb
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Doctors most commonly get mixed up between absence of evidence and evidence of abense

Doctors most commonly get mixed up between absence of evidence and evidence of abense



A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.

A Stoic is someone who transforms fear into prudence, pain into transformation, mistakes into initiation, and desire into undertaking.



For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering.

For many people, commuting is the worst part of the day, and policies that can make commuting shorter and more convenient would be a straightforward way to reduce minor but widespread suffering.



Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.

Decomposition, for most, starts when they leave the free, social, and uncorrupted college life for the solitary confinement of professions and nuclear families.



People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.

People used to wear ordinary clothes weekdays, and formal attire on Sunday. Today it is the exact reverse.



Democracies can't handle austerity measures very well.

Democracies can't handle austerity measures very well.



Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.

Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.




Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.

Avoid losers. If you hear someone use the words 'impossible', 'never', 'too difficult' too often, drop him or her from your social network.



Someone bemoaned that there were so few women in economics. But there are also very few men in economics.

Someone bemoaned that there were so few women in economics. But there are also very few men in economics.





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Sometimes a cigar is just a smoke and a coincidence is just a coincidence.

Sometimes a cigar is just a smoke and a coincidence is just a coincidence.



Trifles make perfection and perfection is no trifle.

Trifles make perfection and perfection is no trifle.



As an alcoholic, you have no appreciation for your wife or your children's feelings, but I'm making up for that now. I'm winning my children's trust back.

As an alcoholic, you have no appreciation for your wife or your children's feelings, but I'm making up for that now. I'm winning my children's trust back.



The most powerful idea that's entered the world in the last few thousand years - the idea of grace - is the reason I would like to be a Christian.

The most powerful idea that's entered the world in the last few thousand years - the idea of grace - is the reason I would like to be a Christian.



Having unlimited choices can paralyze you creatively.

Having unlimited choices can paralyze you creatively.



When I was a kid I was very particular. I was actually beyond particular. I would iron my money and spray it with Polo cologne.

When I was a kid I was very particular. I was actually beyond particular. I would iron my money and spray it with Polo cologne.



We have introduced a rule of law into many sections of our public life.

We have introduced a rule of law into many sections of our public life.



I learned to distinguish between the two kinds of people in the world: those who have known inescapable sorrow and those who have not.

I learned to distinguish between the two kinds of people in the world: those who have known inescapable sorrow and those who have not.



The herd may graze where it pleases or stampede where it pleases, but he who lives the adventurous life will remain unafraid when he finds himself alone.

The herd may graze where it pleases or stampede where it pleases, but he who lives the adventurous life will remain unafraid when he finds himself alone.



Humans were built to look back; that's why we have that swivel joint in our necks

Humans were built to look back; that's why we have that swivel joint in our necks




Quote Description


This page presents the quote "Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.". Author of this quote is Nassim Nicholas Taleb. This quote is about bankers, money, rich, history, banking, past, made, losing,.