Sunday, August 2, 2020

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The Black Swan: The Impact of the Highly Improbable (Incerto #2) Hardcover | Pages: 366 pages
Rating: 3.93 | 78807 Users | 4693 Reviews

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Title:The Black Swan: The Impact of the Highly Improbable (Incerto #2)
Author:Nassim Nicholas Taleb
Book Format:Hardcover
Book Edition:Deluxe Edition
Pages:Pages: 366 pages
Published:May 15th 2007 by Random House
Categories:Nonfiction. Economics. Business. Philosophy. Science. Psychology. Finance

Relation Toward Books The Black Swan: The Impact of the Highly Improbable (Incerto #2)

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. Now, in this revelatory book, Taleb explains everything we know about what we don’t know. He offers surprisingly simple tricks for dealing with black swans and benefiting from them. 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. The book also contains a 4-page glossary; 19 pages of notes; and, a 28-page bibliography in addition to an index.

Point Books As The Black Swan: The Impact of the Highly Improbable (Incerto #2)

Original Title: The Black Swan: The Impact of the Highly Improbable
ISBN: 1400063515 (ISBN13: 9781400063512)
Edition Language: English
Series: Incerto #2
Literary Awards: Financial Times and McKinsey Business Book of the Year Nominee for Shortlist (2007)

Rating Epithetical Books The Black Swan: The Impact of the Highly Improbable (Incerto #2)
Ratings: 3.93 From 78807 Users | 4693 Reviews

Piece Epithetical Books The Black Swan: The Impact of the Highly Improbable (Incerto #2)
I only read the first 13 pages of this book, plus the prologue, but that was enough. In the first few pages he name-drops people like Umberto Eco and Nabokov, tells us about people who were rather unknown five years ago (but forgets to tell us that they are still rather unknown now), and compares himself to people in history who are/were actually influential. For a man who claims he is not writing an autobiography, he really works hard to impress the reader. He adds little bits of information in

This is a great book. And, to take a page from Taleb, anyone who doesn't think so is wrong.No, no, there are a number of problems with the book. A bit bloated, a bit repetitive. And NNT does make the misstep every once and a while. To take a very small instance, Taleb bases a short section of the book upon the idea that to be "hardened by the Gulag" means to become "harder" or "stronger" rather than its true meaning of someone who has become inured to certain difficulties, not necessarily

Landmark book for me as it pointed me to Chaos.

This book is like a nice cup of dark roasted coffee. A bit bitter for those who are unfamiliar with the Black Swan brand of uncertainty, yet disconcertingly alerting for those who have encountered this rare blend. The Black Swan glides through deep philosophical discussions and clever humor as effortlessly as its namesake. I was deeply enthralled by Nassim Nicholas Taleb's depth of erudition and wisdom concerning the philosophy of uncertainty. The second edition of which I was privileged to read

A lot of blogs said a lot of nice things about this book, and from this I conclude that most of those bloggers either A) strictly read the executive summary or B) only read other bloggers. This is a pretty terrible book, and while it has one or two good ideas, they are better and more rigorously expressed in books like "Sway" or "The Drunkard's Walk" than they are in this shameless exercise in self promotion.The fact that the author displays a limited understanding of the topic, and tends to

Nassim Taleb's earlier book "Fooled by Randomness" was enormously successful - deservedly so, in my opinion. Unfortunately, this second book is a complete disappointment. Despite its length, it adds very little of interest to the material in the first book. Much of it is a rambling and indulgent rehash of ideas already developed adequately in the first book. If you are looking for fresh insight, spare your money.Taleb is a very smart guy. In the first book, he wrote fluidly, clearly, without

Nassim Nicholas Taleb discusses "black swans", unexpected and life-changing events, and how life is far more uncertain than most believe it to be. He also examines, in-depth, how we fool ourselves into believing reality is otherwise by various means like confirmation bias (we look for evidence to support our existing beliefs) and narrative fallacies (the tendency to describe existence using linear stories when reality is far more complicated).Mix in a heaping dose of storytelling and

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