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Saturday, 08/26/2017 11:01:43 PM

Saturday, August 26, 2017 11:01:43 PM

Post# of 601
The Black Swan

"Many of the prediction failures come from hedgehogs who are mentally married to a single big Black Swan event, a big bet that is not likely to play out. The hedgehog is someone focusing on a single, improbable, and consequential event, falling for the narrative fallacy that makes us so blinded by one single outcome that we cannot imagine others." The Black Swan by Nassim Taleb

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