#blackswan — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #blackswan, aggregated by home.social.
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A quotation from Nassim Nicholas Taleb
Don’t cross a river if it is four feet deep on average.
Nassim Nicholas Taleb (b. 1960) Lebanese-American essayist, statistician, risk analyst, aphorist
The Black Swan, Part 2, ch. 10 “The Scandal of Prediction” (2007)Sourcing, notes: wist.info/taleb-nassim-nichola…
#quote #quotes #quotation #qotd #blackswan #assumptions #average #danger #expectations #mean #variability #variance
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So I hear talk of black swan events and the 1987 market crash comes up? It was a correction. Sorry. #greatrecession and #covid were real. I was young in 1987, worked with elders (a senior living apartment place) and they were actually reliving 1929 with TRAUMA, not so much because they were there more than kids in 1929, but more that they lived a *dramatic* history marked by that event. IT WAS HEAVY! We are in the FO phase of another now, that much is clear. #blackswan #trump #tariffs #tradewar