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The Black Swan: The Impact of the Highly Improbable

Product Number: D571
Released: 01 Oct, 2009
Business Term: Purchase
ISBN: #9781407447049
Narrator(s): David Chandler
Publisher: W F Howes
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Description

A Black Swan is a highly improbable event with three characteristics: it is unpredictable; it has massive impact; and, after the fact, we concoct an explanation that makes it appear less random and more predictable than it was. The astonishing success of Google was a Black Swan; so was 9/11. And why do we always ignore the phenomenon of Black Swans until after they occur? As Nassim Nicholas Taleb reveals, we are hard-wired not to truly estimate risk, too vulnerable to the impulse to simplify and not open enough to rewarding those who can imagine the 'impossible'. In this revelatory book, Taleb explains everything we know about what we don't know, and shows us how to face the world.

Original Publish Date: 01 Oct, 2009

All Formats/Editions

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Narrator(s): David Chandler
Product Number CU864
Released: 01 Oct, 2007
Business Term: Purchase
Publisher: W F Howes
ISBN: #9781407409221

Professional reviews

"'A deeply intelligent, provocative book.' ECONOMIST 'A fascinating study of how we are regularly taken for suckers by the unexpected.' GUARDIAN"

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