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The Black Swan: The Impact of the Highly Improbable

Nassim Nicholas Taleb

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Penguin
01 June 2008
Information theory; Psychology
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's unpredictable; carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random than it was. The astonishing success of Google was a black swan; so was 9/11. Nassim Nicholas Taleb reveals that 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.
By:   Nassim Nicholas Taleb
Imprint:   Penguin
Country of Publication:   United Kingdom
Dimensions:   Height: 198mm,  Width: 129mm,  Spine: 27mm
Weight:   349g
ISBN:   9780141034591
ISBN 10:   0141034599
Pages:   480
Publication Date:   01 June 2008
Audience:   General/trade ,  ELT Advanced
Format:   Paperback
Publisher's Status:   Active

Nassim Nicholas Taleb spends most of his time as a flaneur, meditating in cafes across the planet. A former trader, he is currently Distinguished Professor of Risk Engineering at New York University. His books Fooled by Randomness and The Black Swan have been published in thirty-one languages.

Reviews for The Black Swan: The Impact of the Highly Improbable

Great fun . brash, stubborn, entertaining, opinionated, curious, cajoling Freakonomics An idiosyncratically brilliant new book Sunday Telegraph A fascinating study of how we are regularly taken for suckers by the unexpected Guardian Like the conversation of a raconteur ... hugely enjoyable - compelling Financial Times Confirms his status as a guru for every would-be Damien Hirst, George Soros and aspirant despot Sunday Times In the tradition of The Wisdom of Crowds and The Tipping Point Time


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