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Nas sim Nicholas Taleb established the idea of “Black Swan” events in 2007, a phrase that refers to an occurrence that is extremely unlikel...

The leopard had just brought down an impala—an expertly executed ambush, swift and silent. Wasting no time, it dragged the carcass toward th...

In 1720 Isa ac Newton had the good fortune to invest early in the Sou th Sea Bubble , making a quick and decent profit. Satisfied with his ...

» It takes a man a long time to learn all the lessons of his mistakes.  They say there are two sides to everything. But there is only one s...

Max Gunther ( 1985 ) - The fact is, nobody has the faintest idea of what is going to happen next year, next week, or even tomorrow. If you ...

Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our...