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  The Black Swan: The Impact of the Highly Improbable (Paperback) By (author) Nassim Nicholas Taleb

  

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  Short Description for The Black SwanWhat 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? And, what can Catherine the Great's lovers tell us about probability? This book shows us how to stop trying to predict everything and take advantage of uncertainty.
  Full description

  • Publisher: Penguin Books Ltd
  • Published: 28 February 2008
  • Format: Paperback 480 pages
  • See: Full bibliographic data
  • Categories: Information Theory | Management Decision Making | Probability & Statistics
  • ISBN 13: 9780141034591 ISBN 10: 0141034599
  • Sales rank: 743

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Full description for The Black Swan

• 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? And, 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.