The original mind map is from 2010 and appeared in my book which was published in 2011. It is one of the most popular blogs on this site, so I thought it was time to see if I could revamp it. The new map (2017) is made in iMindmap (previous one was in MyThoughts) and I think the readability has been improved . I added the election of Trump to show that we should not too quickly call something a black swan event. As Newsweek stated: “In a two-horse race, which is effectively what the American presidential election is, the fact is that one horse is going to win.”
click mind map to enlarge
I am intrigued by the book Black Swan by Nassim Nicholas Taleb. It’s on my top 10 list of business books. The black swan is a metaphor for a highly improbable event that can not be anticipated by extrapolating past data. As a mindmapper, I like Taleb’s theorem that we concentrate too much on what we know, and too little on what we do not know. Taleb also writes that we should be wary of too much information. Although I agree (is it possibly at all to disagree?), it is a bit weird that his book is over 300 pages (not including Taleb’s essay on robustness ad fragility). That triggered me to condense his book in a mind map using less than 100 words. Focus. Filter. Fight information overload. At the same time I tried to make the branch ‘dealing’ (with Black Swans) more tangible (isn’t that the weak spot in Taleb’s excellent book?) I was inspired by the book Stalking the black swan by Kenneth Posner in adding info how to cope with black swans.