Glossary
Key terms and concepts from across the library, defined.
Every term here is defined from first principles — and many are the working vocabulary of the Ungambled method, the system that converts sportsbook promotions into cash profit with no gambling. Asymmetry, optionality, fat tails, and skin in the game are not abstractions in that method; they are the mechanics that lock profit before the game starts.
A
Amor Fati: Definition and the Stoic Acceptance
B
Barbell Strategy (Black Swan): Definition
Black Swan: Definition and All Three Attributes
E
Epistemic Arrogance: Definition and Calibration
Ergodicity & Ruin: Taleb's Definition
Extremistan: Taleb's World of Wild Randomness
F
Fat Tail: Definition and Why Extremes Win
Fourth Quadrant: Definition and the Danger Zone
G
Gray Swan: Definition vs. Black Swan
I
Iatrogenics: Definition and Why Helping Harms
L
Ludic Fallacy: Definition and the Casino Example
M
Matthew Effect: Definition and Preferential Attachment
Mediocristan: Taleb's World of Tame Randomness
N
Narrative Fallacy: Definition and Key Examples
P
Platonic Fold: Definition and Meaning
Platonicity: Definition and the Map-Territory Error
Power Law: Definition and What Self-Similarity Means
Preferential Attachment: Definition & Effects
R
Robust vs Resilient vs Antifragile
S
Scalability: Definition and Why It Creates Extremistan
Silent Evidence: Definition and Why It Matters
Survivorship Bias: Definition and Common Examples
T
The Black Swan Glossary: All Key Taleb Terms Defined
The Philosopher's Stone of Antifragility
The Turkey Problem: Definition and Taleb's Metaphor
Triplet of Opacity: Definition and Three Blind Spots
V
Via Negativa: Definition and Why Subtraction Works
Virtue vs. Honor: What's the Difference? Taleb's Take
W
What Are Alternative Histories? Taleb's Concept
What Are Revealed Preferences? (Taleb Definition)
What Is 'The Magnificent'? Taleb's Definition
What Is a Black Swan Event? Nassim Taleb's Definition
What Is a Fat Tail? Definition and Examples
What Is a Stressor? Definition in Antifragility
What Is Antifragility? Definition and Meaning
What Is Attribution Bias? (Luck vs. Skill Accounting)
What Is Conscious Ignorance? Taleb's Definition
What Is Convexity in Antifragility? Taleb's Definition
What Is Domain Dependence? Taleb's Definition
What Is Ergodicity? (Definition and Why It Matters)
What Is Extremistan? Nassim Taleb's Definition
What Is Fragility? Nassim Taleb's Definition
What Is Hormesis? Definition and Examples
What Is Iatrogenics? Definition and Examples
What Is Mediocristan? Nassim Taleb's Definition
What Is Monte Carlo Simulation? Taleb's Use
What Is Noise vs. Signal? Taleb's Framework
What Is Nonlinearity? Small Edges, Big Gaps
What Is Optionality? Definition in Antifragility
What Is Overcompensation in Antifragility?
What Is Path Dependence? Starting Conditions
What Is Pathemata Mathemata? (Taleb Definition)
What Is Popperian Asymmetry? Falsification
What Is Probability Blindness? (Definition)
What Is Rationality as Survival? (Taleb Definition)
What Is Regression to the Mean?
What Is Skewness in Finance? Taleb's Definition
What Is Skin in the Game? (Nassim Taleb Definition)
What Is Skin in the Game? Nassim Taleb's Definition
What Is Soul in the Game? (Taleb Definition)
What Is Subtractive Knowledge? Taleb's Definition
What Is Survivorship Bias? (Definition and Examples)
What Is the Aphorism? Taleb on the Form
What Is the Barbell Strategy? Taleb's Definition
What Is the Bob Rubin Trade? (Taleb Definition)
What Is the Green Lumber Fallacy? Taleb's Definition
What Is the IYI? Intellectual Yet Idiot
What Is the Lindy Effect? (Taleb Definition)
What Is the Lindy Effect? Taleb's Definition
What Is the Lindy Effect? Taleb's Test of Time
What Is the Ludic Fallacy? Taleb's Definition
What Is the Minority Rule? (Taleb Definition)
What Is the Pascal Principle? Taleb on Tail Risk
What Is the Precautionary Principle? (Taleb Definition)
What Is the Problem of Induction?
What Is the Procrustean Bed? Definition and Meaning
What Is the Rare Event? (The Peso Problem in Finance)
What Is the Sacred and Profane? Taleb's Definition
What Is the Scandal of Prediction? Taleb's Definition
What Is the Silver Rule? (Taleb Definition)
What Is the Soviet-Harvard Delusion?
What Is the Sucker Problem? Taleb's Definition
What Is the Turkey Problem? Nassim Taleb's Definition
What Is Touristification? Nassim Taleb's Definition
What Is Via Negativa? (Taleb Definition)
What Is Via Negativa? Taleb's Subtraction Principle
What Is Wittgenstein's Ruler? Judging Sources