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

The story illustrates the folly of looking to the past in order to predict the future.

says, results in a distortion bias, “the difference between what you see and what is there

narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them

round-trip fallacy, the human tendency to conflate two similar-sounding statements that are in fact convey very different information.

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

barbell strategy advocates for, “taking maximum exposure to the positive Black Swans

taking maximum exposure to the positive Black Swans while remaining paranoid about the negative ones

“[k]now how to rank beliefs not according to their plausibility but to the harm they may cause

his vision of utopia as an epistemocracy, “[A] society governed from the basis of awareness of ignorance, not knowledge

In the beginner’s mind there are many possibilities, but in the expert’s there are few.