
Nassim Nicholas Taleb
Our world is shaped by highly improbable outlier events, yet we mistakenly believe we can accurately forecast the future using past data.
Black Swans are rare events that carry an extreme impact and are only explainable after the fact.
You should avoid relying on predictions and instead focus on mitigating your vulnerability to catastrophic risks.
The narrative fallacy causes humans to invent logical stories to explain random events, which blinds us to true uncertainty.