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Anticipating Black Swans and Cultivating Antifragility
Black Swans are unpredictable events that break the mold or paradigm, such as terrorist attacks, stock market crashes, or the invention of new technology. While you can anticipate the existence of Black Swans, their nature and occurrence remain obscured, making it challenging to develop robustness against them. The key to dealing with Black Swans and fostering antifragility is to embrace a Socratic humility, acknowledging the limitations of one's knowledge and recognizing the importance of understanding what is not known.