This section contains 430 words (approx. 2 pages at 400 words per page) |
Randomness
Randomness was identified as the key feature of the world in which we live. From randomness arose Black Swan events, and this was shown to be a condition that will go on, for all practical considerations, forever.
Mediocristan
Mediocristan was a fictional place in which most people have believed we existed. Although Black Swan events could happen in Mediocristan, they were considered rare.
Extremistan
Extremistan was a fictional place in which the author believed we existed. Black Swan events were expected to happen frequently, and the way to handle them was to anticipate, prepare and practice empirical skepticism.
Society of Judgment and Decision
The Society of Judgment and Decision was described as the only organization that the author felt was worthwhile to join. This was due to the Society's understanding of empirical skepticism.
France
The author lived in France after leaving Lebanon. Here he met Benoit Mandelbrot...
This section contains 430 words (approx. 2 pages at 400 words per page) |