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So when I presented to what was until then the most hostile crowd in the world, members of the American Statistical Association, a map of the four quadrants, and told them: your knowledge works beautifully in these three quadrants, but beware of the fourth one, as this is where the Black Swans breed, I received instant approval, support, offers of permanent friendship, refreshments (Diet Coke), invitations to come present at their sessions, even hugs.
”
― The Black Swan: The Impact of the Highly Improbable
― The Black Swan: The Impact of the Highly Improbable
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The most important thing to know about statistics is that you don't have to be a statistic.
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