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Nassim Nicholas Taleb Quotes: The central idea in The Black Swan is that: rare events cannot be estimated from empirical observation since they are rare.
         

The central idea in The Black Swan is that: rare events cannot be estimated from empirical observation since they are rare.


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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Amendment to live by-J.O.Y.Jesus first, Others second, Yourself last.

Amendment to live by-J.O.Y.Jesus first, Others second, Yourself last.



You know, Savannah, if you cry, I won’t tell anyone, ’ Ken said quietly. ‘I promise.

You know, Savannah, if you cry, I won’t tell anyone, ’ Ken said quietly. ‘I promise.



If you look at China - and frankly, Vietnam now is doing a big number, and you look at Japan and India and Mexico - Mexico's killing us at the border and they're killing us with trade.

If you look at China - and frankly, Vietnam now is doing a big number, and you look at Japan and India and Mexico - Mexico's killing us at the border and they're killing us with trade.



The books weren't exactly Linnet's general reading fare, but a desperate woman will read anything.

The books weren't exactly Linnet's general reading fare, but a desperate woman will read anything.



There were stars. They burned my eyes.

There were stars. They burned my eyes.



Men like that - when they know they won't be found out - they will do anything.

Men like that - when they know they won't be found out - they will do anything.



Based on my experience, I can say that India country can be freed of corruption.

Based on my experience, I can say that India country can be freed of corruption.



There is nothing in history to parallel the influence of Jesus Christ.

There is nothing in history to parallel the influence of Jesus Christ.



Read at whim! Read at whim!

Read at whim! Read at whim!



You think education is something to be done when all else fails?

You think education is something to be done when all else fails?




Quote Description


This page presents the quote "The central idea in The Black Swan is that: rare events cannot be estimated from empirical observation since they are rare.". Author of this quote is Nassim Nicholas Taleb. This quote is about observation, swans, black swan, ideas, rare events,.