Humans love stories and often create narratives to make sense of the past, but this can lead to a distorted understanding of reality.
Taleb calls this the narrative fallacy.
We simplify complex events into neat, coherent stories, which makes us overlook randomness and unpredictability.
For example, after a financial crisis, experts might create a story explaining the causes, but these narratives often ignore the role of chance and randomness.
Taleb argues that we should be cautious of these stories and recognize the limits of our understanding
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