Nassim Nicholas Taleb Quotes
The narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them, or, equivalently, forcing a logical link, an arrow of relationship, upon them. Explanations bind facts together. They make them all the more easily remembered; they help them make more sense. Where this propensity can go wrong is when it increases our impression of understanding.
Taleb, Nassim Nicholas. The Black Swan: The Impact of the Highly Improbable. Random House, 2007, p. 63.
Nassim Nicholas Taleb (/ˈtɑːləb/; alternatively Nessim or Nissim; born 1960) is a Lebanese-American essayist, scholar, mathematical statistician, and former option trader and risk analyst, whose work concerns problems of randomness, probability, and uncertainty. His 2007 book The Black Swan has been described by The Sunday Times as one of the twelve most influential books since World War II.