For a turkey, Thanksgiving is an increasingly unlikely event

As Nassim Nicholas Taleb, probability researcher and author of The Black Swan, explains

A Turkey is fed for a 1000 days—every days [sic] confirms to its statistical department that the human race cares about its welfare “with increased statistical significance”. On the 1001st day, the turkey has a surprise.

Now substitute investment banking for the turkey…

About these ads

One Response to For a turkey, Thanksgiving is an increasingly unlikely event

  1. hubschrauber says:

    We look back on a Thanksgiving with Turkey too, but I guess you story was made with more fun than our celebration.

    http://hundeseite.wordpress.com/2008/11/30/looking-back-on-thanksgiving-2008/

    Best regards from Tootsie, Lake Michigan, now living in Germany.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 34 other followers