The Black Swan: The Impact of the Highly Improbable

The Black Swan: The Impact of the Highly Improbable

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📝 Description

This book by Nassim Nicholas Taleb introduces the concept of 'black swan' events: unpredictable occurrences that have extreme impacts. It argues that these events are far more common than we realize and that their effects are often rationalized in hindsight, leading to a false sense of understanding and predictability.

💬 Quote Context

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I've been reading Taleb recently and TB's the perfect example of this, right?

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🎬 Why Life Feels So Pointless (and what to do) - Angelo Somers

Why Life Feels So Pointless (and what to do) - Angelo Somers

🏷️ Categories & Tags

Keywords:

Nassim Nicholas Taleb
Black Swan
unpredictability
risk

🤖 Why This Product Was Mentioned

"Nassim Nicholas Taleb was mentioned by the speaker as an author whose ideas, particularly his trading strategy, illustrate the concept of 'one good day' separating grandeur from delusions of grandeur. This book is one of his most famous works, directly addressing unpredictability and its impact."

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