The Black Swan: The Impact of the Highly Improbable
Author: Nassim Taleb Category: Economics, Psychology, Self Control, Trading Psychology Tags: biases | chaos | decisions | economics | order | prediction | probability | risk | subconscious | uncertainty |
Description:
Reg Price $16 | 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.
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