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The Black Swan: The Impact of the Highly Improbable

Book
The Black Swan: The Impact of the Highly Improbable
Author: Nicholas Taleb, Nassim
Category: Mathematics & science, Non-Fiction
Book Format: paperback
Publisher: Penguin Press
ISBN: 9780141034591
RRP: 26.99

Synopsis

Everything you need to know about what you don’t know

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.

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