Book Review - The Black Swan
It took me a while to get through The Black Swan - The Impact of the Highly Improbable because it was pretty scientific. According to author, Nassim Nicholas Taleb, a Black Swan is a highly improbable event that is unpredictable, has a massive impact and that, after the fact, we make up an explanation to make it seem less random.
Examples of Black Swans are the success of Google, the attacks of 9-11 and the end of the Soviet bloc. He gives more examples in the text which is chock full of scientific stuff. Some of it was blah, blah, blah, Ginger, blah, blah to me but Taleb did a pretty good job of making it simple enough for my non-mathematical mind to understand.
Intriguing stuff. If you're into probabilities, sociology theory and even investing, you should read this. It will make you look at thinks a little differently.
Examples of Black Swans are the success of Google, the attacks of 9-11 and the end of the Soviet bloc. He gives more examples in the text which is chock full of scientific stuff. Some of it was blah, blah, blah, Ginger, blah, blah to me but Taleb did a pretty good job of making it simple enough for my non-mathematical mind to understand.
Intriguing stuff. If you're into probabilities, sociology theory and even investing, you should read this. It will make you look at thinks a little differently.
