The Ludic Fallacy - Deepstash
The Ludic Fallacy

The Ludic Fallacy

Taleb criticizes the use of simplified models and statistical theories in predicting real-world events, calling it the Ludic Fallacy.

He believes life is far more complex and less predictable than these models suggest.

Taleb argues that while these models work in controlled environments like casinos (ludus), they fail to account for the chaos and unpredictability of the real world.

By relying on these models, we create a false sense of security and ignore the potential for outlier events that can disrupt our expectations and calculations

60

231 reads

CURATED FROM

IDEAS CURATED BY

talhamumtaz

Today's readers, tomorrow's leaders. I explain handpicked books designed to transform you into leaders, C-level executives, and business moguls.

Discover how unpredictable, game-changing events shape our world and how we can thrive amidst uncertainty in Nassim Nicholas Taleb’s “Black Swan.”

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates