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Book Summary
The Black Swan is a standalone book in Nassim Nicholas Taleb's landmark Incerto
series, an investigation of opacity, luck, uncertainty, probability, human
error, risk, and decision-making in a world we don't understand. The other books
in the series are Fooled by Randomness, Antifragile, and The Bed of Procrustes.
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
The Black Swan is a standalone book in Nassim Nicholas Taleb's landmark Incerto
series, an investigation of opacity, luck, uncertainty, probability, human
error, risk, and decision-making in a world we don't understand. The other books
in the series are Fooled by Randomness, Antifragile, and The Bed of Procrustes.
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