Monday, September 10, 2007

The Black Swan by Nassim Nicholas Taleb

From the Publisher:

"A black swan is a highly 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. The astonishing success of Google was a black swan; so was 9/11.

For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives."

Very interesting book and theory. However at times, I found it very hard to understand what the author was saying or where he was leading me.

What I took out of it was a confirmation of my skepticism towards "experts", predictions, advice and what passes for knowledge.

I was thinking about some sports related black swans like the 1969 Mets, the 1980 U.S Hockey Team and the recent Appalachian State victory over Michigan in college football.

Taleb discusses black swan examples in religion, history, politics, business and philosophy.

A very deep book. Not a page turner. The book's theme challenges how you think, seek knowledge and experience the world.

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