The Black Swan
Problem-solving
Make predictions with caution
from The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb
How to Apply This
- Gather information.
Obtain data from reliable sources. Analyze them to recognize patterns and trends. - Construct a model.
Utilize the data to create a model that can be used to make predictions. - Verify the model.
Test the model to make sure that it is precise and dependable. - Make forecasts.
Utilize the model to make forecasts, but be aware that the forecasts may not be 100% accurate. - Monitor the predictions.
Monitor the predictions to make sure that they are accurate and up-to-date.
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