The Black Swan: The Impact of the Highly Improbable
What if the rarest event could bankrupt empires—and you never saw it coming? Nassim Nicholas Taleb dismantles humanity’s obsession with predictability, revealing how “Black Swans”—unforeseen, earth-shattering events—shape history, fortunes, and failures, from stock market crashes to pandemics. But as we cling to illusions of control, a chilling paradox emerges: The more we plan for certainty, the less prepared we are for chaos. So, do you dare stare into the abyss of the unknown… or will your blind spots devour you whole?
- Originally Published: 2007
- Publisher : Random House Publishing Group, 2011
- Genre: Non-fiction
- Pages: 480
- Book Type: Hardcopy
- ISBN-13: 978-0141034591
- Access: Members
Description
The phenomenal international bestseller that shows us how to stop trying to predict everything – and take advantage of uncertainty
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? 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.
‘Taleb is a bouncy and even exhilarating guide … I came to relish what he said, and even develop a sneaking affection for him as a person’ ~ Will Self, Independent on Sunday
‘He leaps like some superhero of the mind’ ~ Boyd Tonkin, Independent
Praise for The Black Swan
“A fascinating study of how we are regularly taken for suckers by the unexpected”
~ Guardian
“Like the conversation of a raconteur … hugely enjoyable – compelling”
~Financial Times
“It has altered modern thinking”
~ The Times
“Confirms his status as a guru for every would-be Damien Hirst, George Soros and aspirant despot.”
~ Sunday Times
“The Black Swan changed my view of how the world works.”
~ Daniel Kahneman, author of Thinking, Fast and Slow
“Great fun… brash, stubborn, entertaining, opinionated, curious, cajoling”
~ Stephen J. Dubner, co-author of Freakonomics
“The most prophetic voice of all”
~ GQ
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