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Nassim Nicholas Taleb

The Black Swan: The Impact of the Highly Improbable Paperback – 28 Feb 2008

by Nassim Nicholas Taleb (Author)

112 customer reviews

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PART OF - 100 leadership & success books to read in a lifetime

About The Book

The Black Swan: The Impact Of The Highly Improbable is a book that focuses on what has now come to be known as the Black Swan Theory. Through a number of examples, the author aims to show his readers how rare and unpredictable events have a deep and lasting impact on a person's life. Human beings tend to try and rationalise such happenings almost immediately after they happen. This is an almost impossible task since such events are based on chance. A number of other topics, which relate to aesthetics, ways of life, knowledge and much more, have been discussed in this book.

The book shows you what the Wall Street crash, the invention of the wheel and Pompeii have in common. It also shows you what Catherine the Great's lovers can show you about the concept of probability. This book is all about black swans, which are the random incidents in our lives, irrespective of how big or small they might be.

This book has been written with the intent of showing you the kind of impression events like these can have on a life. It also stresses on the fact that instead of trying to predict everything that happens in our life, we should embrace uncertainty and make the most of it.

The re-issue edition of The Black Swan: The Impact Of The Highly Improbable was published by Penguin in 2008 and is available in paperback.

Key Features

The book gives its readers new insight into handling life's uncertain nature.
It includes a number of real-life happenings that help prove the author's point.

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Product description

Review

Great fun … brash, stubborn, entertaining, opinionated, curious, cajoling (Freakonomics)

An idiosyncratically brilliant new book (Sunday Telegraph)

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)

Confirms his status as a guru for every would-be Damien Hirst, George Soros and aspirant despot (Sunday Times)

In the tradition of The Wisdom of Crowds and The Tipping Point (Time)

About the Author

About the Author: The author of The Black Swan is Nassim Nicholas Taleb, who spends a lot of his time relaxing in different places all over the world. He used to be a trader, but is currently Distinguished Professor of Risk Engineering at New York University. He has also authored the book called Fooled By Randomness.

Product details

Paperback: 480 pages
Publisher: Penguin UK (28 February 2008)
Language: English
ISBN-10: 0141034599
ISBN-13: 978-0141034591
Product Dimensions: 19.6 x 12.7 x 3 cm
Average Customer Review: 112 customer reviews
Amazon Bestsellers Rank: #1,706 in Books (See Top 100 in Books)
- #1 in Statistics
- #1 in Epistemology
- #32 in Humanities

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Anmol Sarma

Skip the book, listen to a lecture

9 September 2018

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An annoyingly long-winded, insufferably pompous and thoroughly grating account of the disproportionate effects of unforeseen events. Much of the book reads like a self-aggrandizing rant. While there are a few good ideas in the book, it could have easily been cut to a third of its size without losing anything of value. Skip the book and listen to one of Taleb’s lectures instead. Would not recommend.

8 people found this helpful

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Amazon Customer

Overall a very good read. Very scholarly written

30 April 2016

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Overall a very good read. Very scholarly written, well referenced. Subtle and at the same time sharp sense of humour. Very bold, in areas of his belief, he seems unshakeable. Message to be drawn are.....the chance of occurrence of drastic events in life are unknown, but there impact on us, if they occur are known to us. We should bother and be prepared for really drastic negative impact, for rest, i.e positive ones and negative with lesser expected impact , we can be at ease. But found very repetitive. Could have been shorter.

7 people found this helpful

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saurabh sharma

Throws you off balance : Enlightening masterpiece

29 December 2018

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A great read, beautifully and subtly brings out the difference between mandelbrotian and gaussian statistics and the error that we make is viewing all the world through the standard lens of bell curve. Nassim Taleb is a scholar with an eye for practical wisdom. He talks on beautifully bringing out the peculiarities of the statisticians flawed thought process world over. Explains it beautifully taking examples from history, science, finance. The extremistan and mediocristan would remain etched in my mind serving as memory pegs helping me take sound decisions and ringing a bell inmy head whenever I am about to ignore a blackswan from extremistan. It takes a certain amount of prodigy to explain complex stuff with such a great erudition. Fabulous work Mr. Taleb

One person found this helpful

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CoNeArC

One of the best books I have read till now

20 April 2018

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Yes the author is brash but he really knows what he is saying and no one can question him as far as uncertainties are concerned because we do ignore it most of the time in our lives.He is really entertaining personality.One of the best books I have read till now.

3 people found this helpful

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Rohit Purushothaman

An excellent read

10 March 2019

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The author has used a complete story telling method to drive home his points at each juncture. This book definitely helps form as well as change ones opinion and thought process about various things that happen in daily life.
The discussion about the different fallacies that humans are victim to is very comprehensive.

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nshekhar

Plausibility vs. Probability

30 June 2017

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Rare and unpredictable events do happen.Probability vs Plausibility is explained very well.
A good read to understand the pitfalls in our understanding of rare events.

3 people found this helpful

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Akash G

Thought provoking

10 June 2018

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I have just been through the preface, and it has influenced my thought process. The author openly questions traditional thinking and way we try to predict future events. Cannot wait to read to it all.

One person found this helpful

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Detviler vetro

Also the binding is not good. Am afraid if it will sustain my page ...

23 May 2018

Verified Purchase

There were some slight wear & tear for the book. Which is obliterated when considering the fact that it’s a new one. Also the binding is not good. Am afraid if it will sustain my page turns.

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