The Black Swan

Second Edition: The Impact of the Highly Improbable: With a new section: "On Robustness and Fragility"

By Nassim Nicholas Taleb
(Random House Trade Paperbacks, Paperback, 9780812973815, 480pp.)

Publication Date: May 11, 2010

Categories: Information Theory, Management - General

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Description

 
A black swan is an event, positive or negative, that is deemed improbable yet causes massive consequences. In this groundbreaking and prophetic book, Taleb shows in a playful way that Black Swan events explain almost everything about our world, and yet we—especially the experts—are blind to them. In this second edition, Taleb has added a new essay, On Robustness and Fragility, which offers tools to navigate and exploit a Black Swan world.



*2nd Edition, With a new essay: "On Robustness and Fragility"




About the Author

Nassim Nicholas Taleb has devoted his life to immersing himself in problems of luck, randomness, human error, probability, and the philosophy of knowledge. He managed to transform his interests into three successful careers, as a man of letters, businessman-trader-risk manager, and university professor. Although he spends most of his time as a flâneur, meditating in cafés across the planet, he is currently Distinguished Professor at New York University's Polytechnic Institute and Principal of Universa. His books Fooled by Randomness and The Black Swan have been published in 31 languages. He is widely recognized as the foremost thinker on probability and uncertainty. Taleb lives mostly in New York.




Praise For The Black Swan

The Black Swan changed my view of how the world works.”—Daniel Kahneman, Nobel laureate
 
“Hugely enjoyable—compelling . . . easy to dip into.”—Financial Times
 
“A masterpiece.”—Chris Anderson, author of The Long Tail 
 
“Idiosyncratically brilliant.”—Niall Ferguson, Los Angeles Times

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