The Black Swan




The Black Swan

Number of page: 366
Author: Nassim Nicholas Taleb
Publisher: Penguin Books Limited, 2008
Rating:
Category: Business & Economics

What have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common
Why are all forecasters con-artists
What can Catherine the Great’s lovers tell us about probability
Why should you never run for a train or read a newspaper
This book is all about Black Swans: the random events that underlie our lives, from bestsellers to world disasters. Their impact is huge; they’re impossible to predict; yet after they happen we always try to rationalize them. A rallying cry to ignore the ‘experts’, The Black Swan shows us how to stop trying to predict everything – and take advantage of uncertainty.