After the crazy events had happened, people acted as if they were predictable

Sunday, August 29th, 2021

Berlin Diary by William L. ShirerI recently read William Shirer‘s The Rise and Fall of the Third Reich, which I had been vaguely aware of and interested in since childhood, but Nassim Nicholas Taleb got me interested in Shirer’s Berlin Diary a couple decades back, when he made this point in his own first book, Fooled by Randomness:

I was brought up in Lebanon, where we always recreate memories, revise experiences and read more into them than necessary. During the war there, when I was 15, I wanted to be a philosopher. While I was hiding in basements I read William Shirer’s Berlin Diary: The journal of a foreign correspondent 1934 to 1941. It made me realise three things about the people around me: that they were always predicting (wrongly) that the war was going to be “solved” soon; that they seemed confident about their estimates for the future even though crazy events were happening all the time; and that after the crazy events had happened, people acted as if they were predictable. I realised that you can find an infinity of narratives to fit your data.

Leave a Reply