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Environments where physical limitations exist (e.g., human weight, height). No single instance can significantly change the average.

Humans concoct explanations for it after it happens, making it appear explainable and predictable. 2. Mediocristan vs. Extremistan Environments where physical limitations exist (e

Taleb is famously critical of "Platonified" models used by economists and risk managers. He argues that using past data to predict future financial crises is like a turkey believing it will be fed every day until the day before Thanksgiving—the "Turkey Problem." 🛡️ How to Be "Anti-Fragile" Environments where physical limitations exist (e.g.