Nassim Nicholas Taleb Quotes

In certain businesses, I would say 10 failures to one success is a perfectly acceptable ratio. Because the failures die pretty quickly, they're not that expensive, and the successes can be really huge.

If we don't succeed we run the risk of failure.

The statesman must weigh the rewards of success against the penalties of failure. And he is permitted only one guess.

Everything involves a risk. No risk, no reward.

You can measure opportunity with the same yardstick that measures the risk involved. They go together.

The costs of failure are infinitely greater than the price of victory.

I feel like when there's more on the line and there's more risks, that means there's more reward.

You can't push the envelope at 10,000 RPM and expect to come out smelling like a rose and feeling like a million bucks on the other side.

Yes, the cost is high, but the price of neglect would be infinitely higher.

If you want the most reward you have to take the most risk.

Risk is the price you pay for opportunity.

If you risk nothing you gain nothing

I think risk is important. I don't care if it's a great financial risk or a physical risk. You only get out of something what you put into it and the fact that you are willing to risk something means that you are going to get a lot more out of it.

Let's face it, making movies is all risk. Most of the time, batting average-wise, the reward does not outweigh the risk.

He who seeks for gain, must be at some expense.

The way you can be careful of the catastrophe that success can bring is by paying attention to something else that comes along with success - responsibility.

Everything you want in life has a price connected to it. There's a price to pay if you want to make things better, a price to pay just for leaving things as they are, a price for everything.

Greatness and fiasco is the same. You're reaching for something just out of your grasp, and if you get it, it's great, and if you don't, it's a disaster.

If you have something at risk, you think differently.

Between calculated risk and reckless decision-making lies the dividing line between profit and loss.

If we didn't do the tour, it would have been disastrous.

Time is money. Wasted time means wasted money means trouble.

You can win, it'll just cost you some money.

If there is a 50-50 chance that something can go wrong, then 9 times out of ten it will.

My whole life has been about risk and reward.