the black swan book

There are sections where every single page has some reference to this field or that which, in his estimation, is populated by nothing but the village idiots. I heard such great reviews about this book highlighting that it was quite controversial.

How many of them came on a schedule? The same applies to scientific theories–nobody has interest in listening to trivialities. Reading it felt like being part of a revolution. You Save 11%. height, weight, running speed) which limit the amount of variability. Critically, the Jewish god did not lend himself to symbolic representation. Then in 1697, a Dutch explorer Willem de Vlamingh discovered black swans in Australia, debunking this universal “truth” overnight. Many historical events that drastically impacted our societies and lives were actually Black Swan events. Please try again. Learn how to be smarter in an uncertain world! The Black Swan is the 2nd book in the five-book series by Nassim Nicholas Taleb on uncertainty. Besides the key ideas captured in our summary, the book also includes detailed comparisons between Mediocristan and Extremistan environments, with several additional chapters to discuss the technicalities of concepts such as bell-curves, deviations, inequalities, randomness, fractality etc. To the rest of you: this book will reaffirm what you thought you knew when you were 5 or 6...with an updated vocabulary. The second approach is to consider that in order to understand a phenomenon, one needs to first consider the extremes–particularly if, like the Black Swan, they carry an extraordinary cumulative effect.I don’t particularly care about the usual. After this book is published, my aim is to spend time away from the clutter of public activities in order to think about my philosophical-scientific idea in total tranquillity. I do not believe in surrounding myself with 'yes men' in the form of books and actively seek to challenge my personal beliefs through the things I read and study. Some of the anecdotes will have you chuckling or even laughing out loud! You can't anticipate every game-changing event. Metaphors and stories are far more potent (alas) than ideas; they are also easier to remember and more fun to read. Part One, “Umberto Eco’s Antilibrary,” is mostly about how we perceive historical and current events and what distortions are present in such perception. I am not qualified to comment on the maths and philosophical competence of the author. Would not recommend. I read this book because it was mentioned by Daniel Kahneman in 'Thinking fast and slow'. Believe me, even those who genuinely claim that they do not believe in recognition, and that they separate labor from the fruits of labor, actually get a serotonin kick from it. Part Three, “Those Gray Swans of Extremistan,” goes deeper into the topic of extreme events, explains how the bell curve (that great intellectual fraud) is generated, and reviews the ideas in the natural and social sciences loosely lumped under the label “complexity.” Part Four, “The End,” will be very short.I derived an unexpected amount of enjoyment writing this book–in fact,it just wrote itself–and I hope that the reader will experience the same. Today academics in abstract disciplines depend on one another’s opinion, without external checks, with the severe occasional pathological result of turning their pursuits into insular prowess-showing contests. You're listening to a sample of the Audible audio edition.

While the central idea is interesting, the way it is presented is just awful. Preference and Feature cookies allow our website to remember choices you make, such as your language preferences and any customisations you make to pages on our website during your visit. It is easy to see that life is the cumulative effect of a handful of significant shocks. Members save with free shipping everyday!

For someone who clearly despises statistics, he claims to understand it better than a Phd student  (i suppose its normal to spend all your valuable time becoming an expert in a subject so that you can go on to passionately discredit it). Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. They are also more likely to wear a tie.Black Swans being unpredictable, we need to adjust to their existence (rather than naïvely try to predict them). Nassim Nicolas Taleb does not introduce the topic, except through anecdotes, uses terms before he writes what they actually mean and never really explains how his 'theory' works and the whole thing does not have any structure. I heard such great reviews about this book highlighting that it was quite controversial.

The more unexpected the success of such a venture, the smaller the number of competitors, and the more successful the entrepreneur who implements the idea. The Black Swan: The Impact of the Highly Improbable Audible Audiobook – Unabridged Nassim Nicholas Taleb (Author), David Chandler (Narrator), Recorded Books (Publisher) 4.3 out of 5 stars 2,657 ratings See all formats and editions Please try again. Maybe I will start again where I left off after reading some good books. Black Swans are so disruptive partially because they often appear in scalable Extremistan scenarios. There were the poètes maudits, like Edgar Allan Poe or Arthur Rimbaud, scorned by society and later worshipped and force-fed to schoolchildren. In the author's point of view, a black swan is an 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.

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