Black Swan Thought
I bet this Monte Carlo fire, with the shut down of the strip, the Miss America contest this weekend, lost revenue at the Hotel and Casino, damage to the building and reputation, potential lawsuits, etc… will be one of the TOP losers in casino history for the company that manages “risk” everyday
TheExecutive putting Taleb’s The Black Swan down to a single sentence. And also, why we have no idea what we’re talking about when it comes to predictions and planning.
Ryan Holiday is the bestselling author of Trust Me, I’m Lying, The Obstacle Is The Way, Ego Is The Enemy, and other books about marketing, culture, and the human condition. His work has been translated into thirty languages and has appeared everywhere from the Columbia Journalism Review to Fast Company. His company, Brass Check, has advised companies such as Google, TASER, and Complex, as well as Grammy Award winning musicians and some of the biggest authors in the world. He lives in Austin, Texas.
Irrelevant to this post, but PBS has Commanding Heights: The Battle for the World Economy streaming here:
http://www.pbs.org/wgbh/commandingheights/hi/story/index.html
Sorry if you already knew this.
I’d be interested in reading any other thoughts you had about the Black Swan. I’m about half way through and find it very interesting so far.
Email me if you want