Nassim Taleb on the turkey illusion: “For the turkey, the event at the eve of Thanksgiving is a Black Swan. For the man who has fed the chicken every day, this is not a Black Swan. Don’t be the turkey.”
Related:
- 1-2g2s7b3 An explanation for how something really works cannot rely on infinity
- 2-1a0d Don’t confuse the Grey Swans with the Black Swans
- 5-2b5 Theories precede data
- 9-3a Luck-Skill dichotomy is at best arbitrary. We can train our ability to create ‘luck’.
- 11-1b Investment is expression and you need methods and techniques (i.e., knowledge)