Hi Nitish 🦾
Talab's books are quite inspiring. I end up reading "Fooled by Randomness," "Black Swan," and "Skin in the Game."
All excellent books but I'd say "Skin in the Game" was my favorite.
I haven't read Spitznagel but now that you suggested, I just added "Safe Haven" to my shortlist. Thanks 😊
Oh, yes, people tend to focus too much on black swans. It's the survival instinct. But even the fact that we are alive is already a black swan.
Maybe this is an interesting topic. How striking certain positive black swans can give you protection against negative black swans. Exploring something like this:
Resilience = ∑(Positive Black Swans) × Preparedness - ∑(Negative Black Swans) × Vulnerability