The Black Swan cover

The Black Swan

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About this book

A black swan is a highly improbable event with three traits: it is unpredictable, it carries a massive impact, and afterward we invent an explanation making it seem less random than it was. Taleb argues that such rare, consequential events—from the rise of Google to 9/11—have shaped history far more than the ordinary occurrences we plan around, and that our models systematically blind us to them. Part of his Incerto series on uncertainty and risk.