The Black swan : the impact of the highly improbable / Nassim Nicholas Taleb
Material type:
TextPublication details: New York : Random House, 2007Description: xxviii, 366p, 24cmISBN: - 9781400063512
- 003.54 TAL
| Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Book
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Calcutta | 003.54 TAL (Browse shelf(Opens below)) | Available | IIMC-122292 |
A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, it is concluded by 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. Taleb has studied how human fool themselves into thinking that they know more than they actually do. Human restrict their thinking to the irrelevant and inconsequential, while large events continue to surprise and shape the world. Now, in this revelatory book, Taleb explains everything that is known about what is not known. He offers surprisingly simple tricks for dealing with black swans and benefiting from them.
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