The author’s style has not changed much between this book and its predecessor, Fooled by Randomness. In Taleb’s view, all we know today about a specific phenomenon is inconsequential, as one Black Swan can topple our entire model of this phenomenon. The author presents an idea about the future, of how unpredictable it is, and he proposes an explanation for this unpredictability. These Black Swans have three attributes: rarity, extreme impact, and a propensity from our side to ignore them in fact, the author states that we tend to rationalize our inability to predict rare events a bit too much. This book examines the impact of rare events, what the author calls Black Swans, on our personal lives as well as the history of the world. The four other books are Fooled by Randomness (2001), The Bed of Procrustes (2010), Antifragile (2012), and Skin in the Game (2018). The Black Swan - The Impact of the Highly Improbable is the second instalment in a series of five books authored by Nassim Nicholas Taleb titled Incerto. If you have read Taleb’s other works and fallen in love with them, this book is yet another must-read. It is also for those interested in the role of uncertainty, luck, and rare events in their lives. This book is for anyone not afraid of having their model of the world (and themselves) challenged while looking to augment their formal education.
0 Comments
Leave a Reply. |