The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb
Elegant, startling, and universal in its applications, 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 personal 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. And why do we always ignore the phenomenon of Black Swans until after they occur?
As Nassim Nicholas Taleb reveals, we are hard-wired not to truly estimate risk, too vulnerable to the impulse to simplify, narrate, and categorize 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.
Format: Paperback | 400 pages
Dimensions (cm): 23 x 15.3 x 2.8 | 608g -
Publication Date: 04 Jun 2007
Publisher: Penguin Books Australia
Imprint: Allan Lane
Publication City/Country: Camberwell, MLB, Australia
Language: English
Illustrations note: b&w photos/graphs
Edition Number: 1
ISBN10: 1846140455
ISBN13: 9781846140457
Condition: Very Good
A book that does not look new and has been read but is in excellent condition. No obvious damage to the cover. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. Very minimal wear and tear.