This scholar, statistics and former manager of the Hedge Fund also shared what he sleeps with his eyelids. Here Four life lessonswhich he shared in an interview with Business Insider.
Read also at Business Insider
1. Have a discipline to do what you promised yourself
Taleb believes that The basis of success is discipline to stick to what you promised yourself or others, and do it as best we can.
The Universa Investments Fund, specializing in protecting customer portfolios against rare and extreme market events, uses his expertise as a scientific advisor. The fund currently manages over $ 20 billion. assets.
“We've been making the same transactions for two decades and we're sticking to it,” Tab said. “If you really believe in something, you shouldn't go away from it,” he added.
2. Protect yourself with the future against the influence of artificial intelligence
Taleb promotes the so -called Linda effecti.e. the theory saying that the longer the idea, technology or cultural practice exists, the greater the chance that it will continue to exist (the name comes from the Lindy's restaurant in New York, where the comics discussed how long the television programs would persist on the air – and they noticed that the longer the program exists, the greater the chance that it will continue).
“Ai does not undermine his skills,” he said, encouraging people to choose “resistant” professionsless susceptible to replacement by artificial intelligence.
See also: Will your work survive the AI era? List of endangered competitions and a rescue plan
He pointed out, among others on gardening, nursing, cooking, hydraulics and masonry As necessary skills, which AI – at least for now – cannot take over.
The revolution related to artificial intelligence is according to him For the first time in history, when mental competitions are threatened, not manual.
3. Exercise the body and mind
Taleb admitted that he was practicing 10 to 15 hours a weekemphasizing that Physical and intellectual activity are necessary for a good and long life.
“We all don't reach how much movement we need,” he said. “A sedentary lifestyle requires more physical activity than we think,” he emphasized.
He also praised the 92-year-old legendary investor from Wall Street Ed Thorp for being still functional, athletic and mentally sharp.
After finishing work at the Taleb fund, he is happy that he has More time to read and explore topics that interest him.
4. Define again success – not only as wealth
“For me, success is the opportunity to look in the mirror without shame,” said Taleb in an interview with BI.
Taleb from Lebanon believes that Success is not only a career and money. It's also Ethical behavior, being useful for others, surrounding yourself with family and being loved by the community.
What doesn't give him to sleep at night?
Asked what he sleeps with his eyelids, Taleb admitted that He is worried about the physical and financial health of his loved ones.
He is particularly worried about the sight of older people who They realize that they do not have sufficient funds for retirement. The basic problem, he says, lies in the fact that mature economies lose their impetuswhich leads to slower growth and less hope for a good future For subsequent generations.
“People are not aware of threats,” warns Taleb. “And it worries me,” he adds.
He points out that the system “worked for several generations, because people lived better than their parents” – but today, he says, For many, this is no longer true.
