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#051 - The Black Swan: Nassim Taleb (Incerto Series)

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The Black Swan and Barbell Strategy

Exploring the concept of black swan events through the analogy of a Turkey on a farm, the chapter discusses the dangers of hindsight bias and human blindnesses in predicting unforeseen catastrophic events. It introduces the barbell strategy in financial investing, emphasizing the importance of balancing high-risk speculative assets with safer options to manage risks associated with positive black swans.

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