Why did I love this book?
I've had this on my "want to read" list for eons but only finally got around to it. I found this a highly informative book without really bogging down into a bunch of math or other fine details.
In fact, that's kind of the whole point of it. His writing style is also quite hilarious and I would suspect we might hit it off, if I was ever fortunate enough to meet the guy, a lot of this stuff sounds like something I would say, though, of course, he thought of it first and went the distance chasing down these thoughts. But yeah, I totally get where he's coming from.
The basic premise is that all these charts, reams of data, prediction models, et cetera are completely useless because one fluke hugely unexpected event arrives (it pretty much always arrives) and totally annihilates any notion of an "average" or anyone having the first clue what's going to happen...but trust me, it's way more interesting that that little recap makes it sound.
8 authors picked The Black Swan as one of their favorite books, and they share why you should read it.
The most influential book of the past seventy-five years: a groundbreaking exploration of everything we know about what we don’t know, now with a new section called “On Robustness and Fragility.”
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 underlie almost everything about our world, from the rise of religions…