The narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them, or, equivalently, forcing a logical link, an arrow of relationship, upon them. Explanations bind facts together. They make them all the more easily remembered; they help them make more sense. Where this propensity can go wrong is when it increases our impression of understanding.
Nassim Nicholas TalebMost people are sceptical about the wrong things and gullible about the wrong things.
Nassim Nicholas TalebAt no point in history have so many non-risk-takers, that is, those with no personal exposure, exerted so much control.
Nassim Nicholas TalebA system, artificially stabilized, and of course you have hidden risks under the surface, and you don't know where the risks are.
Nassim Nicholas TalebWhen you beat up someone physically, you get excercise and stress relief; when you assault him verbally on the Internet, you just harm yourself.
Nassim Nicholas Taleb