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Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. So these people died, but we have effectively improved the safety of the system, and nothing failed in vain.
— Nassim Nicholas Taleb
Tags: next, people, time, failure

Other Quotes by "Nassim Nicholas Taleb"

Love without sacrifice is like theft
— Nassim Nicholas Taleb The Bed of Procrustes: Philosophical and Practical Aphorisms
Tags: true-love, sacrifice, relationships, real-love, passive-aggressiveness, passive-aggressive, narcissists, narcissism, marriage-advice, marriage, manipulation, love, compromise
True, our knowledge does grow, but it is threatened by greater increases in confidence, which make our increase in knowledge at the same time an increase in confusion, ignorance, and conceit.
— Nassim Nicholas Taleb The Black Swan: The Impact of the Highly Improbable
Tags: science, finance
The world we live in is vastly different from the world we think we live in.
— Nassim Nicholas Taleb
Tags: different, live, think, world
Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.
— Nassim Nicholas Taleb
Tags: lack, stability, never, think
Governments that try to shoot for a surplus hardly ever reach it.
— Nassim Nicholas Taleb
Tags: ever, reach, shoot, try
View More by "Nassim Nicholas Taleb"
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