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The Black Swan

byNassim Nicholas Taleb

Genres: Politics Science Ideologies and Movements

Who is this book for? Readers interested in philosophy, economics, and the unpredictability of life.

Topics UnpredictabilityRiskKnowledge

MoodReflective

Female protagonist

THE BLACK SWAN is a concept that will change the way you look at the world. Black Swans underlie almost everything, from the rise of religions, to events in our own lives. A Black Swan is a highly improbable event with three principle characteristics: it is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random and more predictable than it was. The astonishing success of Google was a black swan; so was 9/11. Why do we always ignore the phenomenon of Black Swans until after they occur? As Taleb reveals, we are hard-wired not to truly estimate risk, too vulnerable to the impulse to simplify and 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, and shows us how to face the world.

Language

Published on

01/01/2008

Pages

480

Format

Paperback

ISBN

9780141034591

Price Comparison

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Editions in other languages

The Black Swan alternative edition book cover

Paperback

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