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The basic principles of Black Swan. Don't try to predict Black Swans. Create a system that can withstand their appearance. - Nassim Taleb Key principles from the book Black Swan: The greatest risk is to think there is no risk The biggest source of mistakes is blind faith in past experience. If you don't have a strategy to survive chaos, you don't have a strategy at all. The desire for control creates the illusion of security. But stability is not the absence of shocks, but the ability to withstand them.
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