The Black Swan: Understanding Uncertainty & Risk

The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb examines the profound effects of rare, unpredictable events on our lives, societies, and systems. Taleb defines these "Black Swan" events as highly improbable, carrying massive consequences, and often rationalized after the fact.

The book challenges conventional thinking in economics, science, and decision-making, emphasizing that humans are biased toward focusing on the predictable and ignoring uncertainty. Taleb highlights how these biases leave us ill-prepared for outlier events, which often shape history more than predictable trends.

With a mix of philosophical insight, historical examples, and practical advice, Taleb argues for embracing uncertainty, building resilience, and avoiding overconfidence in predictions. The Black Swan is a provocative and transformative work that urges readers to rethink how they view risk and the unexpected.

EAN/UPC 9780812973815