The Black Swan Flies Low
A black swan is an event that lies beyond the realm of normal expectations. Nobody anticipated it. But when it happens, people always say they knew it all along.
Nassim Taleb
Lebanese-American philosopher and economist famous for the Black Swan theory about unpredictable high-impact events.
All moments: Nassim Taleb
- Preparedness Over Caution — Nassim Taleb
You cannot avoid risks. You can only choose which risks you want to take and be prepared for them.
- Order Emerges from Chaos — Nassim Taleb
A system that is too stable cannot evolve. You need some level of stress and uncertainty for a system to adapt and grow.
- Predictions Are Often Wrong — Nassim Taleb
Much of my life has been spent proving that we cannot predict the future. But we can prepare for it.
- Ignorance Was My Advantage — Nassim Taleb
People construct stories about the past that explain it. They think they know what will happen, but the truth is it's unknowable.
- Antifragility Versus Fragility — Nassim Taleb
Should you be fragile, robust, or antifragile in life? Antifragility means that disorder, stress, and volatility strengthen you rather than break you.
- We Are Blind to the Future — Nassim Taleb
History doesn't crawl, it jumps. What we call history is just the list of events that happened, not the ones that could have happened.
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