Black Swan Events Quotes & Sayings

Always revisit your decisions in the light of new knowledge and information. Don't be afraid to change. — Chris Guillebeau

Optimistic people bring a sense of hope into world. Encouraging people bring a new meaning to life. They help you see past the clouds on a glooming day. They bring sunlight everyday — Stacey Chillemi

I'm here because I was born here and thus ruined for anywhere else, but I don't know about you. — Colson Whitehead

The central idea in The Black Swan is that: rare events cannot be estimated from empirical observation since they are rare. — Nassim Nicholas Taleb

My mother and grandmother had me in church, and I was the kid that played in church. But pastor was telling me something totally different that there was a God. He knit me together in my mother's womb. He made me special. He wanted to have a personal relationship with me. — Joe Gibbs

Archer was too intelligent to think that a young woman like Ellen Olenska would necessarily recoil from everything that reminded her of her past. She might believe herself wholly in revolt against it; but what had charmed her in it would still charm her even though it were against her will. — Edith Wharton

Religions themselves are ... peace-loving. They can also be a constructive force in peace-building, and this also applies to the Middle East. — Martti Ahtisaari

Never make a decision when you are in panic or drunk — Stephen Moore

Arya Maloney updates the basis and practice of transpersonal psychology by using the spiritual principles of India's masters and the transformational alchemy inherent in his clients' processes. His work is both enlightening and informative. — Arnold Mindell

Victory is fleeting. Losing is forever. — Billie Jean King

So the world is much more correlated than we give credit to. And so we see more of what Nassim Taleb calls "black swan events" - rare events happen more often than they should because the world is more correlated. — Richard Thaler

Only by knowledge of that which is not thyself, shall thyself be learned. — Robert Bulwer-Lytton, 1st Earl Of Lytton

I'm particularly interested in black swan events: unprecedented surprises that destroy the conventional wisdom about how the world works. — Paolo Bacigalupi

Joseph Stiglitz, with two colleagues, the Orszag brothers (Peter and Jonathan), looked at the very same Fannie Mae. They assessed, in a report, that "on the basis of historical experience, the risk to the government from a potential default on GSE debt is effectively zero."* Supposedly, they ran simulations - but didn't see the obvious. They also said that the probability of a default was found to be "so small that it is difficult to detect." It is statements like these and, to me, only statements like these (intellectual hubris and the illusion of understanding of rare events) that caused the buildup of these exposures to rare events in the economy. This is the Black Swan problem that I was fighting. This is Fukushima. — Nassim Nicholas Taleb

The only horrible thing in the world is ennui. — Oscar Wilde

We are (most of us) embedded in an exceedingly complex network of social relationships, many of which are vital to our well-being. Every day we confront issues relating to the needs and wants of others and must continually make accommodations. And in addressing these conflicting interests, the operative norm is - or should be - fairness, a balancing of the interests and needs of other parties, other 'stakeholders.' — Peter Corning