Description

Book Synopsis
The most influential book of the past seventy-five years: a groundbreaking exploration of everything we know about what we donâ??t know, now with a new section called â??On Robustness and Fragility.â?

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 d

The Black Swan Second Edition

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    A Paperback / softback by Nassim Nicholas Taleb

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    RRP £20.00 – you save £4.00 (20%)

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      Book details

      Publisher Penguin Random House Group
      Imprint Random House Inc
      Published 11 May 2010
      ISBN-13 9780812973815
      978-0812973815
      ISBN-10 081297381X
      Also in:
      Business, Finance & Law Management and management techniques Computing Information architecture Dictionaries, Reference & Language Information theory

      Description

      Book Synopsis
      The most influential book of the past seventy-five years: a groundbreaking exploration of everything we know about what we donâ??t know, now with a new section called â??On Robustness and Fragility.â?

      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 d

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