Why did I love this book?
I read this book after I wrote Petrarch’s War, it was recommended to me by an economist. I felt like Taleb was speaking to me directly. It is clearly written and emphasized the role of Black Swan events in moving history and events along. As a professional historian, and especially an economic historian, I found his argument very compelling—and this was before COVID 19, the ultimate Black Swan. Taleb rails—in often humorous but always intelligent ways- about the limits of predicting events based on the past, and how the human mind is set up to do just that, but the reality is invariably far different. A powerful message.
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…