The black swan by Nassim Nicholas Taleb
The black swan by Nassim Nicholas Taleb
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Book Summary –
The Black Swan: The Impact of the Highly Improbable is a groundbreaking book that explores the profound impact of rare and unpredictable events—known as "Black Swan" events—which lie outside the realm of regular expectations. Nassim Nicholas Taleb argues that these events have a massive influence on the world, yet people consistently fail to predict or prepare for them due to cognitive biases and a reliance on simplified models of reality. Using examples from finance, science, history, and personal experience, Taleb challenges traditional thinking, emphasizing the importance of skepticism, humility, and antifragility in an uncertain world.
About the Author –
Nassim Nicholas Taleb is a Lebanese-American scholar, statistician, philosopher, and former options trader. Born in 1960, he is best known for his work on probability, uncertainty, and randomness. Taleb has written several influential books under his series Incerto, which includes Fooled by Randomness, The Black Swan, Antifragile, and Skin in the Game. Known for his provocative style and contrarian views, Taleb critiques overconfidence in expert predictions and promotes a more robust approach to dealing with uncertainty. His work has had a major impact on economics, risk management, and decision-making in complex systems.
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The Black Swan

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