Dinesh

Dinesh club

Posted: 16 Jun 2020


Taken: 16 Jun 2020

4 favorites     2 comments    57 visits

See also...


Keywords

Nassim Nicholas Taleb


Authorizations, license

Visible by: Everyone
Attribution + non Commercial

Photo replaced on 16 Jun 2020
57 visits

this photo by Dinesh

I stop and summarize the triplet: rarity, extreme impact, and retrospective (though not prospective) predictability. A small number of Black Swans explain almost everything in our world, from the success of ideas and religions, to the dynamics of historical events, to elements of our own personal lives. Ever since we left the Pleistocene, some ten millennia ago, the effect of these Black Swans has been increasing. It started accelerating during the industrial revolution, as the world started getting more complicated, while ordinary events, the ones we study and discuss and try to predict from reading the newspapers, have become increasingly inconsequential. ~ "Black Swan" - Nasim Nocholas Taleb

Berny, Steve Bucknell, Jean, Clickity Click have particularly liked this photo


Comments
 Clickity Click
Clickity Click
Nice presentation Dinesh! Right now I don't understand the world, it seems to be spinning out of control or perhaps it is the people who are spinning.

Take Time To Breath Deeply
3 years ago.
 Steve Bucknell
Steve Bucknell club
We all need some “ black swan protection” , particularly now. I have a little, but what about the young and the poor?
3 years ago.

Sign-in to write a comment.