{"id":61,"date":"2009-05-21T23:11:30","date_gmt":"2009-05-22T07:11:30","guid":{"rendered":"tag:google.com,2005:reader\/item\/a2fcce23ff4e1465"},"modified":"2010-04-19T00:48:13","modified_gmt":"2010-04-19T07:48:13","slug":"dance-with-chance-%e2%80%93-making-luck-work-for-you","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2009\/05\/dance-with-chance-%e2%80%93-making-luck-work-for-you\/","title":{"rendered":"Dance With Chance \u2013 Making Luck Work For You"},"content":{"rendered":"

\n<\/embed><\/object>\n<\/p>\n

\"dancewithchance\"<\/a><\/p>\n

In a nutshell, Dance with Chance<\/a> is all about knowing what you can and cannot predict and, therefore, what you can and cannot control.<\/p>\n

Think about it. Every day human beings make decisions. Some are important: should you invest your life savings in the stock market? Others are trivial: should you take an umbrella today? But in both these cases you have no control. The stock market will go up or down, it will rain or it won\u2019t\u2026 and there\u2019s nothing you can do about it.<\/p>\n

The problem comes when people seek to gain control by making predictions. By consulting an investment expert or a weather forecast, they think they can control the value of their investments or avoid getting wet.<\/p>\n

But this is just an illusion. An illusion that psychologists call \u2018the illusion of control\u2019.<\/p>\n

In many areas of life \u2013 the stock market and the weather are just two examples \u2013 accurate prediction just isn\u2019t possible. There is always uncertainty about the future in most areas of our lives. Throw in some emotions, such as greed, fear and hope, and human beings\u2019 predictions get even less accurate. So what are we to do?<\/p>\n

Fortunately, Dance with Chance<\/em> comes up with plenty of positive suggestions. Most importantly, it uncovers a \u2018paradox of control\u2019 that\u2019s the antidote to the \u2018illusion of control\u2019. By knowing when to give up control, we can actually gain more control over many aspects of our lives than we had in the first place.<\/p>\n

Dance with Chance: Making Luck Work for You<\/a>\"\" Audio Only<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a nutshell, Dance with Chance is all about knowing what you can and cannot predict and, therefore, what you can and cannot control.
\nThink about it. Every day human beings make decisions. Some are important: should you invest your life savings in t…<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,5,4,33],"tags":[6,7,8,9,10,11],"class_list":["post-61","post","type-post","status-publish","format-standard","hentry","category-audio","category-feeds","category-john","category-video","tag-anil-gaba","tag-black-swan","tag-dance-with-chance","tag-robin-hogarth","tag-spyros-makridakis","tag-taleb"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/61","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=61"}],"version-history":[{"count":6,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/61\/revisions"}],"predecessor-version":[{"id":979,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/61\/revisions\/979"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=61"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=61"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=61"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}