A black swan is an event, positive or negative, that is deemed improbable yet causes massive consequences. In this groundbreaking and prophetic book, Taleb shows in a playful way that Black Swan events explain almost everything about our world, and yet we—especially the experts—are blind to them. In this second edition, Taleb has added a new essay, On Robustness and Fragility, which offers tools to navigate and exploit a Black Swan world.
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Bestselling author Nassim Nicholas Taleb continues his exploration of randomness in his fascinating new book, The Black Swan, in which he examines the influence of highly improbable and unpredictable events that have massive impact. Engaging and enlightening, The Black Swan is a book that may change the way you think about the world, a book that Chris Anderson calls, "a delightful romp through history, economics, and the frailties of human nature." See Anderson's entire guest review below.
Guest Reviewer: Chris Anderson
Nassim Nicholas Taleb has devoted his life to problems of uncertainty, probability, and knowledge. He spent nearly two decades as a businessman and quantitative trader before becoming a full-time philosophical essayist and academic researcher in 2006. Although he spends most of his time in the intense seclusion of his study, or as a flâneur meditating in cafés, he is currently Distinguished Professor of Risk Engineering at New York University’s Polytechnic Institute. His main subject matter is “decision making under opacity”—that is, a map and a protocol on how we should live in a world we don’t understand.
Taleb’s books have been published in thirty-three languages.
From the Hardcover edition.
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Book Description Random House Trade Paperbacks, 2010. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: The Black Swan changed my view of how the world works.-Daniel Kahneman, Nobel laureate Hugely enjoyable-compelling . . . easy to dip into.- Financial Times A masterpiece.-Chris Anderson, author of The Long Tail Idiosyncratically brilliant.-Niall Ferguson, Los Angeles Times. Bookseller Inventory # ABE_book_new_081297381X
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Book Description Random House USA Inc, United States, 2010. Paperback. Book Condition: New. 2nd. 201 x 132 mm. Language: English Brand New Book. The Black Swan is a standalone book in Nassim Nicholas Taleb s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don t understand. The other books in the series are Fooled by Randomness, Antifragile, and The Bed of Procrustes. 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 explains everything we know about what we don t know, 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. Elegant, startling, and universal in its applications, The Black Swan will change the way you look at the 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. The Black Swan is a landmark book--itself a black swan. Praise for Nassim Nicholas Taleb The most prophetic voice of all. --GQ Praise for The Black Swan [A book] that altered modern thinking. -- The Times (London) A masterpiece. --Chris Anderson, editor in chief of Wired, author of The Long Tail Idiosyncratically brilliant. --Niall Ferguson, Los Angeles Times The Black Swan changed my view of how the world works. --Daniel Kahneman, Nobel laureate [Taleb writes] in a style that owes as much to Stephen Colbert as it does to Michel de Montaigne. . . . We eagerly romp with him through the follies of confirmation bias [and] narrative fallacy. --The Wall Street Journal Hugely enjoyable--compelling . . . easy to dip into. -- Financial Times Engaging . . . The Black Swan has appealing cheek and admirable ambition. --The New York Times Book Review From the Hardcover edition. Bookseller Inventory # ABZ9780812973815
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Book Description Random House Trade Paperbacks. PAPERBACK. Book Condition: New. 081297381X 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. Bookseller Inventory # 6333086
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Book Description Random House, New York. Softcover. Book Condition: New. Dust Jacket Condition: None issued. Second Edition. Book Description: " A black swan is an event, positive or negative, that is deemed improbable yet causes massive consequences. In this groundbreaking and prophetic book, Taleb shows in a playful way that Black Swan events explain almost everything about our world, and yet we--especially the experts--are blind to them. Taleb has added a new philosophical and empirical essay, On Robustness and Fragility, which offers tools to navigate and exploit a Black Swan world." (Book statement) Book ships from Silver Plume, CO. Bookseller Inventory # BT032