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The Narrative Fallacy

Nassim Nicholas Taleb · 2007

"Taleb argues we compulsively compress noisy, high-variance histories into tidy causal stories — and then mistake the story's coherence for predictive power, hiding randomness where it matters most."

The idea

Taleb's warning in The Black Swan: we don't experience history, we story it. A coherent narrative feels like an explanation, but often it's just randomness given a plot.

Why it works
The takeaway — recall it first
Further reading

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