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Nassim Nicholas Taleb Quotes: Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
         

Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.


Nassim Nicholas Taleb
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Other quotes of Nassim Nicholas Taleb


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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Seen from the point of view of a lie, the truth is often touted as radical.

Seen from the point of view of a lie, the truth is often touted as radical.



The simplest and cheapest of all reforms within institutional science is to switch from the passive to the active voice in writing about science.

The simplest and cheapest of all reforms within institutional science is to switch from the passive to the active voice in writing about science.



The challenge for a nonfiction writer is to achieve a poetic precision using the documents of truth but somehow to make people and places spring to life as if the reader was in their presence.

The challenge for a nonfiction writer is to achieve a poetic precision using the documents of truth but somehow to make people and places spring to life as if the reader was in their presence.



Our strategy is to destroy the enemy from within, to conquer him through himself.

Our strategy is to destroy the enemy from within, to conquer him through himself.



Nashville was totally different than I ever dreamed. I had only seen the music business on television and been to a couple of concerts. I had no clue.

Nashville was totally different than I ever dreamed. I had only seen the music business on television and been to a couple of concerts. I had no clue.



Ends and purposes, whether they exist as conscious or subconscious tendencies, form the wrap and woof of our conscious experience.

Ends and purposes, whether they exist as conscious or subconscious tendencies, form the wrap and woof of our conscious experience.



Thought is the property of him who can entertain it, and of him who can adequately place it.

Thought is the property of him who can entertain it, and of him who can adequately place it.



America should function as a Christian nation.

America should function as a Christian nation.



There is no breakthrough without a breakdown.

There is no breakthrough without a breakdown.



Contentment should be the hallmark of my life, as I put my affairs in the hands of God.

Contentment should be the hallmark of my life, as I put my affairs in the hands of God.




Quote Description


This page presents the quote "Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.". Author of this quote is Nassim Nicholas Taleb. This quote is about finance, no reason, equity, business, reason,.