I have long wanted to discuss the following topic with users and participants in gambling discussions. Do you think Nassim Teleb's philosophy can be of any use in gambling? His various ideas and theories? Let me just list some of his ideas and you can comment on how, if any, benefits can be gained from this:
1. Ideas from the book “Fooled by Randomness.” There are many ideas that boil down to the fact that we often mistake randomness for a pattern.
2. Ideas from the book “Black Swan”. Strategies based on anticipation of the Black Swan.
3. Ideas from the book “Antifragile.” By the way, the concept of “barbell” is also from this book. Keep 90% of the bank in conservative assets and 10% in high-risk assets.
4. Ideas from the book “Skin in the Game”.
If you think any of these ideas can be applied to gambling, explain why you think so and how specifically it can be applied. If you believe that Nassim Taleb's ideas only apply to options trading and not to gambling, tell us more about your position.
The Black Swan is a rare event that entails a very serious consequences, and his influence is very insignificant on gambling, at least not in daily terms. And if we talk about the probabilities, or about our perceptions to external factors that could affect our results, then I think that these are just random results, that we try to fit under a certain result. But the human mind is inclined to look for patterns, at least I constantly notice it behind myself, I often try to analyze the result and find an explanation why it happened that way, it does not always concern gambling. And I am almost sure that we are often mistaken when we believe that there are some kind of behavior, that are able to influence our future. I can say the same thing regarding superstitions as a black cat, when people are afraid that he will run through the road, these are all unreasonable mistakes. From your topic, I realized that I'm new to Nassim Taleb books, and I still have to fix it.