The Black Swan (2010) offers insights into perceived randomness and the limitations we face in making predictions. Our over-reliance on methods that appeal to our intuition at the expense of accuracy, our basic inability to understand and define randomness, and even our biology itself all contribute to poor decision making, and sometimes to “Black Swans” – events thought to be impossible that redefine our understanding of the world.
Nassim Nicholas Taleb is among the more prolific contemporary economists and thinkers, having written a number of critically acclaimed works such as Fooled by Randomness, and his numerous essays have been published in a number of magazines and journals. Taleb is a Distinguished Professor of Risk Engineering at New York University's Polytechnic Institute.
What is Blinkist?
The Blinkist app gives you the key ideas from a bestselling nonfiction book in just 15 minutes. Available in bitesize text and audio, the app makes it easier than ever to find time to read.Start free trial
Get unlimited access to the most important ideas in business, investing, marketing, psychology, politics, and more. Stay ahead of the curve with recommended reading lists curated by experts.Start free trial