Narrative Fallacy - Deepstash
Narrative Fallacy

Narrative Fallacy

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

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