The Black Swan: The Impact of the Highly Improbable

The Black Swan: The Impact of the Highly Improbable image
ISBN-10:

0141034599

ISBN-13:

9780141034591

Edition: Re-issue
Released: Jan 01, 2008
Publisher: Penguin
Format: Paperback, 480 pages
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Description:

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.

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