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The whole idea of a "black swan" is bullshit in my opinion. In his book, nearly all events were predictable if the right people were consulted, research was don
by lettergram 9y ago
The whole idea of a "black swan" is bullshit in my opinion. In his book, nearly all events were predictable if the right people were consulted, research was done, or if people even looked at data.
The problem, is the mainstream media, and even educated researchers miss the mark regularly. To me it appears most poeple assume they know better or listening to the wrong experts.
That's actually the whole reason I created my startup:
https://projectpiglet.com/ https://projectpiglet.com/
We basically filter out the noise, and listen to experts. It works amazingly well for investing, but also predicts things like Trump winning the election. It even creates an awesome (highly relevant) news feed.
I think most people just live in their bubbles and close their senses to what's right in front of them.
- pillowkusis 9y agoSentiment analysis based on media is going to make you even more vulnerable to black swans. Black swans come from our collective blind spot -- if the media is reporting it (with a correct sentiment), it's by definition not on our blind spot.
- lettergram 9y agoWho said we were doing sentiment analysis on the media? That's decidedly not what we're doing ;)