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To: xoxox

Black swans ARE real (both in nature and in the course of human events,) but my take on Taleb’s work is that it’s not so much a refusal to recognize factors but that the nature of certain factors is that they are so rare and hard to predict as to make them incomputable.


6 posted on 08/08/2024 6:23:14 AM PDT by Miami Rebel
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To: Miami Rebel

Pity being “incomputable” doesn’t mean “impossible.”

Anybody with a functioning synapse saw the housing collapse of 2007-08 coming, though it may have been deemed “incomputable” because the dataset contained about about 40 years of history.


8 posted on 08/08/2024 6:25:54 AM PDT by xoxox
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