2 ms·
No, it's simple misunderstanding of randomness. Black swans are unpredicatable unmodelable events. "Resulting" just means misjudging well-modeledrandom events
by goialoq 9y ago
No, it's simple misunderstanding of randomness. Black swans are unpredicatable unmodelable events.
"Resulting" just means misjudging well-modeledrandom events. It's thinking that if you win a small prize on a lottery ticket, that buying the ticket was a good choice _because you won_. While in reality, it was more likely that you'd lose.