EPISODE · May 11, 2024 · 0 MIN
The Black Swan by Nassim Nicholas Taleb
from Book Summaries 2024
https://amzn.to/4dzyEuFBlack Swans are extremely unpredictable events that have massive impacts on human society. These include positive Black Swans, like the invention of the Internet and the discovery of antibiotics, as well as negative Black Swans, like the 2008 recession.Black Swans compel people to explain why they happened—to show, after the fact, that they were indeed predictable. Taleb’s thesis, however, is that Black Swans, by their very nature, are always unpredictable. Furthermore, because of our cognitive biases, we’re more vulnerable than ever to misunderstanding Black Swans and their impact.Learn what Black Swans are, why we’re susceptible to them, and how best to prepare yourself for the unpredictable.
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The Black Swan by Nassim Nicholas Taleb
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