New Meetup: The Black Swan: The Impact Of The Highly Improbable: Book Review

From: Ian
Sent on: Saturday, December 4, 2010 6:08 PM
Announcing a new Meetup for Non-fiction Book Club Meetup Group!

What: The Black Swan: The Impact Of The Highly Improbable: Book Review

When: Wednesday, January 12,[masked]:30 PM

Price: CAD2.00 per person

Where: (A location has not been chosen yet.)

For the first of the year we have voted on

The Black Swan: Second Edition: The Impact Of The Highly Improbable: by Nassim Nicholas Taleb

The book is available in Chapters

Back Cover

In business and government, major money is spent on prediction. Uselessly, according to Taleb, who administers a severe thrashing to MBA- and Nobel Prize-credentialed experts who make their living from economic forecasting. A financial trader and current rebel with a cause, Taleb is mathematically oriented and alludes to statistical concepts that underlie models of prediction, while his expressive energy is expended on roller-coaster passages, bordering on gleeful diatribes, on why experts are wrong. They neglect Taleb's metaphor of "the black swan," whose discovery invalidated the theory that all swans are white. Taleb rides this manifestation of the unpredicted event into a range of phenomena, such as why a book becomes a best-seller or how an entrepreneur becomes a billionaire, taking pit stops with philosophers who have addressed the meaning of the unexpected and confounding. Taleb projects a strong presence here that will tempt outside-the-box thinkers into giving him a look. Gilbert Taylor
Copyright © American Library Association. All rights reserved --This text refers to the Hardcover edition.
Review
“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

Product 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.

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