Leslie McIntyre

Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis)

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  • b4214312217has quoted5 years ago
    The story illustrates the folly of looking to the past in order to predict the future.
  • Victor Butenkohas quoted5 years ago
    says, results in a distortion bias, “the difference between what you see and what is there
  • Victor Butenkohas quoted5 years ago
    narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them
  • Victor Butenkohas quoted5 years ago
    round-trip fallacy, the human tendency to conflate two similar-sounding statements that are in fact convey very different information.
  • Oslik Dauhas quoted7 years ago
    Taleb encourages readers to maximize their exposure to potential positive Black Swans by putting themselves in situations (like social gatherings) that have the potential to produce fortuitous encounters. And
  • Oslik Dauhas quoted7 years ago
    barbell strategy advocates for, “taking maximum exposure to the positive Black Swans
  • Oslik Dauhas quoted7 years ago
    taking maximum exposure to the positive Black Swans while remaining paranoid about the negative ones
  • Oslik Dauhas quoted7 years ago
    “[k]now how to rank beliefs not according to their plausibility but to the harm they may cause
  • Oslik Dauhas quoted7 years ago
    his vision of utopia as an epistemocracy, “[A] society governed from the basis of awareness of ignorance, not knowledge
  • Oslik Dauhas quoted7 years ago
    In the beginner’s mind there are many possibilities, but in the expert’s there are few.
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