• Corpus ID: 56106222

The Black Swan: The Impact of the Highly Improbable

  title={The Black Swan: The Impact of the Highly Improbable},
  author={Nassim Nicholas Taleb},
Nassim Nicholas Taleb's phenomenal international bestseller The Black Swan: The Impact of the Highly Improbable shows us how to stop trying to predict everything - and take advantage of uncertainty. What have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common? Why are all forecasters con-artists? What can Catherine the Great's lovers tell us about probability? Why should you never run for a train or read a newspaper? This book is all about… 

Risk analysis and Black Swans: two strategies for de-blackening

With his book The Black Swan: The Impact of the Highly Improbable, Nassim N. Taleb brought the Black Swan metaphor to the center of risk analysis debates. His main thesis is that the course of the


ABSTRACT Nassim Taleb rightly points out that although people may acknowledge in the abstract that the world is uncertain, they still behave as if a large enough sample size is all that is needed to

Antifragile: The Roaring Twenties in F. Scott Fitzgerald’s This Side of Paradise and the Great Gatsby

In my paper I have tried to bring together the idea of Nassim Nicholas Taleb’s Antifragile, a short history of the First World War and the American Roaring Twenties through the novels of F. Scott


ABSTRACT What constitutes a Black Swan? And under what conditions may a Black Swan be expected to arise? As Nassim Taleb describes it, a Black Swan is an event that displays three key properties, the

The Black Swan

He also makes several other comments disparaging of statis ticians and statistically minded people he calls "quants." His often-unfounded and sometimes outrageous criticisms require a response from

Plutocrats : the rise of the new global super-rich

Forget the 1 per cent - it's time to get to grips with the 0.1 per cent...There has always been some gap between rich and poor, but it has never been wider - and now the rich are getting wealthier at

Strong Language on Black Swans

In 2001, Nassim Taleb published a quirky little book entitled Fooled by Randomness: The Role of Chance in the Markets and in Life (Taleb 2001). Taleb was a well-known Wall Street quant. That means he

Ten Years After: Reflections on Kenneth Pomeranz’s The Great Divergence

all over the world have been grappling with the arguments Ken Pomeranz lays out so powerfully in The Great Divergence.1 Indeed, it’s difficult to overstate the scholarly impact the book has had on

Miller’s The Crucible: The Salem witch trials as a black swan

This paper uses Nassim Nicholas Taleb’s theory of the Black Swan as propounded by Taleb in his book The Black Swan and applies it to the Salem Witch Trials as portrayed by Arthur Miller in his play

Leading Beautifully: The Creative Economy and Beyond

  • N. Adler
  • Art
    Kwartalnik Ekonomistów i Menedżerów
  • 2018
“These times are riven with anxiety and uncertainty” asserts John O’Donohue.1 “In the hearts of people some natural ease has been broken. . . . Our trust in the future has lost its innocence. We know



Statistics in Sport. London: Arnold

  • 1998