The 'black swan story' has a profound impact on decision - making. It forces us to be more humble about our predictions. In personal finance, we often plan for a stable future with steady income and predictable expenses. But a black swan event like a major illness or a global economic recession can disrupt all that. So, we should have contingency plans, such as building an emergency fund that can cover unexpected costs. Also, in career choices, we should be aware that an unforeseen technological innovation could make our current skills obsolete, so we should keep learning and be adaptable.
The warnings of science fiction can make us more cautious in real - life decision - making. For instance, when considering new technologies, we might think twice because of the warnings about technology going wrong in sci - fi. If a new form of energy is proposed, we might remember the sci - fi stories of energy disasters and demand more safety measures.
Our perception of the world is often based on what we've seen and known. The white swan was the norm until black swans were discovered. It shows that our perception can be limited.
The story changes our view of risk by showing that rare events can have a disproportionate impact. Before, we might have focused on more common risks with smaller impacts. But Taleb's black swan concept shows that we should also consider the small - probability but high - impact events. For example, a single virus mutation can lead to a global pandemic which was not really considered a major risk in the past in terms of its global impact scale.
The Black Swan fits into the Swan Lake story as a source of confusion and conflict. She tricks the prince into thinking she is Odette, the White Swan. This deception is a major plot point.
The 'its party time decision making story' can be quite interesting. At the beginning of the party, decisions are often made casually. For example, people might decide to play some party games just for fun. As the party progresses, more serious decisions could come up. Suppose there's a conflict between two guests. Then, the decision - making process would involve how to resolve this conflict without ruining the party mood. It could be by talking to them separately, or finding a common interest to distract them. And of course, decisions about when to end the party also play a crucial part in this story.
It provides a framework for judges to make decisions when the law is unclear. By using law fictions, judges can fill in the gaps in the legal system.
Western Decisive was a novel by Di An, which was first published in March 2009. The novel used Zheng Xijue as the narrative point of view. It told the story of Zheng Xijue, Zheng Dongni, and Zheng Nanyin, three cousins of the Zheng family who lived in different family environments. As they grew older, they experienced a series of stories in the process of learning, life, and emotions. Through the different stories and secrets of the two generations buried under the family, the novel expressed the author's reflection on family and kinship, as well as the pain and regret of growing up as a unique generation.
It relates to probability in that the belief that all swans were white was based on a high probability assumption from prior observations. But the black swan showed that even a very low - probability event can occur.
Best choice stories can inspire us. For example, if we hear about someone who chose to travel the world and had amazing experiences, it might make us consider taking a gap year to travel. Worst choice stories serve as warnings. Like if we hear about someone who got into debt because of overspending, we'll be more cautious with our money.
First, you need a clear understanding of the decision at hand. Build a story around it with characters facing similar choices. Make the situations realistic and relatable. Also, include the consequences of each option to guide the reader's thinking.