Palash Jha

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The Autobiography...
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Mar 06, 2024 08:09AM

 
Immune: a Journey...
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Mar 06, 2024 08:08AM

 
Flow: The Psychol...
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Dec 20, 2022 03:50PM

 
See all 4 books that Palash is reading…
Book cover for The Black Swan: The Impact of the Highly Improbable (Incerto, #2)
We like stories, we like to summarize, and we like to simplify, i.e., to reduce the dimension of matters. The first of the problems of human nature that we examine in this section, the one just illustrated above, is what I call the ...more
Palash Jha
So true in a data driven world.
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Nassim Nicholas Taleb
“We like stories, we like to summarize, and we like to simplify, i.e., to reduce the dimension of matters. The first of the problems of human nature that we examine in this section, the one just illustrated above, is what I call the narrative fallacy. (It is actually a fraud, but, to be more polite, I will call it a fallacy.) The fallacy is associated with our vulnerability to overinterpretation and our predilection for compact stories over raw truths. It severely distorts our mental representation of the world; it is particularly acute when it comes to the rare event.”
Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

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