The Black Swan

35.00 $

By Nassim Nicholas Taleb A black swan is an event with three properties: nobody saw it coming, it changes everything, and afterwards everybody explains why it was obvious.

ISBN9781400063512
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Description

Description

By Nassim Nicholas Taleb

A black swan is an event with three properties: nobody saw it coming, it changes everything, and afterwards everybody explains why it was obvious.

Taleb’s argument is that these events drive history while our models assume they cannot happen, because the models are built on the bell curve and the world is not. Includes the later essay On Robustness and Fragility.

First published 2007