You have family-owned businesses that have been around for 500 years. …

Nassim Nicholas Taleb
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You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades. ✨ Nassim Taleb: 'Big corporations will always fail'. Interview With Tim Adams, www.theguardian.com. June 19, 2010.
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Deficits are like putting dynamite in the hands of children. They can get out of control very quickly.
When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters. ✨ Nassim Taleb: my rules for life by Carole Cadwalladr, www.theguardian.com … ▶
It has been more profitable for us to bind together in the wrong direction than to be alone in the right one. ✨ Nassim Nicholas Taleb (2010). The Black Swan: Second Edition: The Impact of the Highly … ▶
When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously m … ▶
When an investor focuses on short-term investments, he or she is observing the variability of the portfolio, not the returns - in short, being fooled by randomness.

You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades. ✨ Nassim Taleb: 'Big corporations will always fail'. Interview With Tim Adams, www.theguardian.com. June 19, 2010.

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