Ebook: The Black Swan: The Impact of the Highly Improbable
Author: Taleb Nassim Nicholas
- Tags: Probability & Statistics, Uncertainty (Information theory), Electronic books
- Year: 2008
- Publisher: Penguin Books Ltd
- City: London;New York
- Language: English
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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 Black Swans: the random events that underlie our lives, from bestsellers to world disasters. Their impact is huge; they're impossible to predict; yet after they happen we always try to rationalize them. A rallying cry to ignore the 'experts', The Black Swan shows us how to stop trying to predict everything - and take advantage of uncertainty.
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