The Black Swan (Nassim Nicholas Taleb)

The Black Swan (Nassim Nicholas Taleb)
- Highlight Loc. 2716-18  | Added on Tuesday, October 25, 2011, 12:21 AM

Once again, I am not dismissing the idea of risk taking, having been involved in it myself. I am only critical of the encouragement of uninformed risk taking. The überpsychologist Danny Kahneman has given us evidence that we generally take risks not out of bravado but out of ignorance and blindness to probability!