Black Swans and Virginia Tech
A recent op-ed in the LA Times examines Black Swans and Virginia Tech (PDF). An excerpt:
Efforts to explain the Virginia Tech massacre perfectly illustrate one of the central points of an idiosyncratically brilliant new book by Nassim Nicholas Taleb, “The Black Swan: The Impact of the Highly Improbable.” When completely caught out by some random event, we humans are wonderfully good at retrospectively predicting it. In reality, however, Cho was what Taleb calls a “black swan.”
