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The Black Swan

By Nassim Nicholas Taleb

(12)

| Paperback | 9780812979183

Book Description

A black swan is a highly improbably event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes the event appear less random, and more predictable, than it was. The astonishing success of Google was a black sContinue

A black swan is a highly improbably event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes the event appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our personal lives. But because humans are hardwired to learn specifics when they should be focused on generalities, we are unable to truly estimate opportunities and are not open enough to rewarding those who can imagine the "impossible". In this revelatory book, Taleb explains everything we know about what we don't know. He offers surprisingly simple tricks for dealing with black swans and benefiting from them. Elegant, startling, and universal in its applications, The Black Swan is a landmark book that will change the way you look at the world.

3 Reviews

  • 1 person find this helpful

    This book is a bit harder to follow than Taleb's last effort. He presents most of his concepts in short understandable snippets, but they do not always flow together easily. Ironically, he refers repeatedly about "missing the forest for the trees", while the writing style in this book lends itsel ... (continue)

    This book is a bit harder to follow than Taleb's last effort. He presents most of his concepts in short understandable snippets, but they do not always flow together easily. Ironically, he refers repeatedly about "missing the forest for the trees", while the writing style in this book lends itself to that predicament for the reader.

    That said, the concepts do flow together well in the end, and mulling over Taleb's views of life's dynamics is a very refreshing exercise in thought. Big thumbs up for the concept and ideas, only one thumb up for the style in which they are presented.

    Is this helpful?

    Bossdog said on Nov 16, 2007 about the Hardcover edition | 1 feedback

  • 1 person find this helpful

    Look forward to reading this one since I enjoyed "Fooled by Randomness" by the same author.

    Is this helpful?

    mortonfox said on May 19, 2007 about the Hardcover edition | Add your feedback

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