Radical Uncertainty: How to deal with surprises and Black Swan events - w/ Nicolas Vereecke

Book summary of Nassim Taleb's the Black Swan and how to build a mindset that deals with uncertainty
Ever felt like life just sucker-punched you out of nowhere? That's exactly what Nassim Taleb calls a Black Swan event.
Most people think they can predict the future by looking at patterns. They study charts, analyze trends, and feel safe in their little bubble of certainty.
However, the biggest events that shape our lives—market crashes, pandemics, breakthrough innovations—are the ones nobody sees coming. ..
Taleb argues we're all like turkeys getting fed every day, thinking tomorrow will be the same, until suddenly it's Thanksgiving. The real mind-bender? We convince ourselves afterwards that we "should have seen it coming."
This is critical for understanding finance or world events
More than that, it's about how your brain tricks you into thinking you understand a world, that's fundamentally unpredictable.
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Stop trying to predict everything and start building resilience for anything
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Rebuild your investment portfolio and life plan to deal with shocks
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Prepare for worst-case scenarios instead of hoping for the best
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Episode: Radical Uncertainty: How to deal with surprises and Black Swan events - w/ Nicolas Vereecke
Chapters:
00:00 Introduction: Navigating Life's Unpredictability
02:02 Understanding the Black Swan Concept
02:41 Real-World Examples and Implications
04:54 Investment Strategies for Unpredictable Events
12:00 Mediocristan vs. Extremistan
18:39 Ludic fallacy
18:39 The Ludic Fallacy and Risk Assessment
21:46 Conclusion and Takeaways
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