{"id":2264,"date":"2010-08-30T23:30:17","date_gmt":"2010-08-31T06:30:17","guid":{"rendered":"tag:google.com,2005:reader\/item\/33730182400b540e"},"modified":"2010-08-30T23:30:17","modified_gmt":"2010-08-31T06:30:17","slug":"daily-kos-the-black-swan-by-nassim-nicholas-taleb-a-review","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2010\/08\/daily-kos-the-black-swan-by-nassim-nicholas-taleb-a-review\/","title":{"rendered":"Daily Kos: The Black Swan by Nassim Nicholas Taleb: A review"},"content":{"rendered":"<p><strong>The short:<\/strong> \u00a0I enjoyed the book and found it hard to put down. \u00a0 It challenged some of my thinking and changed the way that I look at things.<\/p>\n<p>What I didn&#39;t like: \u00a0the book was very inefficient; he could have conveyed the same message in about 1\/3 of the pages. \u00a0<br \/>\n<br \/>But: \u00a0the fluff\/padding was still interesting; the author has a sense of humor and writes in an entertaining style.<\/p>\n<p>What is the gist of the book? \u00a0Well, the lessons are basically these:<\/p>\n<ol>\n<li value=\"1\"> Some processes lend themselves to being mathematically modeled, others don&#39;t. \u00a0 Unfortunately, some people use mathematical models in situations where it is inappropriate to do so (e. g., making long term forecasts about the economy). \u00a0People who rely too much on mathematical modeling are caught unprepared (or just plain surprised) when some situation arises that wasn&#39;t considered possible in the mathematical model (e. g., think of a boxer getting in a fight with someone who grabs, kicks and bites).<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The short: \u00a0I enjoyed the book and found it hard to put down. \u00a0 It challenged some of my thinking and changed the way that I look at things.<\/p>\n<p>What I didn&#039;t like: \u00a0the book was very inefficient; he could have conveyed the same message in about 1\/&#8230;<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2264","post","type-post","status-publish","format-standard","hentry","category-feeds"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/2264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=2264"}],"version-history":[{"count":0,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/2264\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=2264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=2264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=2264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}