The Black Swan Second Edition

In this revelatory book, Taleb will change the way you look at the world, and this second edition features a new philosophical and empirical essay, “On Robustness and Fragility,” which offers tools to navigate and exploit a Black Swan ...

The Black Swan  Second Edition

The Black Swan Second Edition

The most influential book of the past seventy-five years: a groundbreaking exploration of everything we know about what we don’t know, now with a new section called “On Robustness and Fragility.” A black swan is a highly improbable event with three principal 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. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives. Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. We concentrate on things we already know and time and time again fail to take into consideration what we don’t know. We are, therefore, unable to truly estimate opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and not open enough to rewarding those who can imagine the “impossible.” For years, Taleb has studied how we fool ourselves into thinking we know more than we actually do. We restrict our thinking to the irrelevant and inconsequential, while large events continue to surprise us and shape our world. In this revelatory book, Taleb will change the way you look at the world, and this second edition features a new philosophical and empirical essay, “On Robustness and Fragility,” which offers tools to navigate and exploit a Black Swan world. Taleb is a vastly entertaining writer, with wit, irreverence, and unusual stories to tell. He has a polymathic command of subjects ranging from cognitive science to business to probability theory. Elegant, startling, and universal in its applications, The Black Swan is a landmark book—itself a black swan.

More Books:

The Black Swan: Second Edition
Language: en
Pages: 480
Authors: Nassim Nicholas Taleb
Categories: Business & Economics
Type: BOOK - Published: 2010-05-11 - Publisher: Random House

The most influential book of the past seventy-five years: a groundbreaking exploration of everything we know about what we don’t know, now with a new section called “On Robustness and Fragility.” A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive
The Black Swan
Language: en
Pages: 366
Authors: Nassim Nicholas Taleb, Nassim Nicholas Taleb, PH.D., MBA
Categories: Computers
Type: BOOK - Published: 2007 - Publisher: Random House Incorporated

Examines the role of the unexpected, discussing why improbable events are not anticipated or understood properly, and how humans rationalize the black swan phenomenon to make it appear less random.
The Black Swan of Paris
Language: en
Pages: 480
Authors: Karen Robards
Categories: Fiction
Type: BOOK - Published: 2020-06-30 - Publisher: Hachette UK

A world at war. A beautiful young star. A mission no one expected. 'A truly outstanding novel, brilliantly written, that captured me and held me in its grip from page one. The Black Swan of Paris reminds us of the power of love, hope and courage' Heather Morris, #1 bestselling
Incerto
Language: en
Pages: 1872
Authors: Nassim Nicholas Taleb
Categories: Fiction
Type: BOOK - Published: 2021-05-04 - Publisher: Random House Trade

The landmark five-book series--all together in one boxed set The Incerto is an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision making when we don't understand the world, expressed in the form of a personal essay with autobiographical sections, stories, parables, and philosophical, historical, and scientific discussions,
Stalking the Black Swan
Language: en
Pages: 267
Authors: Kenneth A. Posner
Categories: Business & Economics
Type: BOOK - Published: 2010 - Publisher: Columbia University Press

Kenneth A. Posner spent close to two decades as a Wall Street analyst, tracking the so-called "specialty finance" sector, which included controversial companies such as Countrywide, Fannie Mae, Freddie Mac, CIT, and MasterCard?many of which were caught in the subprime mortgage and capital markets crisis of 2007. While extreme volatility

Popular All Time

The History of Money
Rich Dad Poor Dad
Atomic Habits
The Art and Science of Dealing with Difficult People
The Bullet Journal Method
The Psychology of Money
Think Again
Rich Dad Poor Dad
Trillions
The Perfect Day to Boss Up
Extreme Ownership
The One-Page Financial Plan
Never Split the Difference
I Will Teach You to Be Rich, Second Edition
Who Moved My Cheese?
Red Roulette
A Shot to Save the World
Start with Why