Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis) Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:
ABOUT THE BOOK

The first edition of Nassim Nicholas Taleb’s second mainstream work, The Black Swan: The Impact of the Highly Improbable, was published by Random House in April of 2007. In this book Taleb says many, many things; he warns against the dangers of ignoring outliers and trusting experts; he gives advice on how to position oneself to take advantage of the unexpected; he creates a fictional narrative about an author’s rise to literary stardom; and he draws upon the work of some of his favorite (as well as his most despised) thinkers in the fields of philosophy, mathematics, and psychology.

But the thing about The Black Swan that is most likely to grab the contemporary reader’s attention is its apparent prediction of the financial collapse that occurred only a few months after its publication. Though Taleb argues against the validity of economic forecasts, he makes some eerily specific critiques of the banking industry, “just months before the subprime fiasco rocked global markets and led banks to announce at least $208 billion worth of writedowns,” according to Bloomberg News. Any criticisms of The Black Swan seem to fade given the uncanny timing of its release.

In the wake of the financial crisis, while other economists cringed at their lack of foresight, Taleb was hailed as a prophet.

EXCERPT FROM THE BOOK

While we might prefer to believe that the world operates in a linear fashion, Taleb assures us this is not so. Says Taleb, “[N]onlinear relationships are ubiquitous in life. Linear relationships  are truly the exception; we focus on them in classrooms and textbooks because they are easier to understand (89).”

Chapter Eight Giacomo Casanova’s Unfailing Luck

In Chapter Eight, Taleb introduces the concept of silent evidence. Like the antilibrary, silent evidence emphasizes what is not known over what is. Essentially, silent evidence are those instances which do not produce a Black Swan and thus do not receive acknowledgement.  As an example, Taleb points to the many, many talented writers who never get their big break and whose work, therefore, is never inducted into the literary canon. Since such works are generally inaccessible, we tend to discount their relevance and focus solely on the Black Swan works that did, through some combination of talent and good fortune, secure their place in literature. In essence we tend to give disproportionate weight to the stories of those who succeed in some manner or another -- by making a medical breakthrough, by becoming a millionaire, or, in some cases, by simply surviving. The tendency to ignore silent evidence (the failures), Taleb says, results in a distortion bias, “the difference between what you see and what is there...

Buy the book to continue reading!

Follow @hyperink on Twitter!

Visit us at www.facebook.com/hyperink!

Go to www.hyperink.com to join our newsletter and get awesome freebies!

CHAPTER OUTLINE

Nassim Taleb's The Black Swan
+ Introduction to The Black Swan
+ Introducing Nassim Nicholas Taleb
+ The Black Swan: An Introductory Overview
+ Chapter Summaries
+ ...and much more

Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis) by Leslie McIntyre

From reader reviews:

Ashley Mansfield:

This Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis) tend to be reliable for you who want to be a successful person, why. The explanation of this Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis) can be on the list of great books you must have is giving you more than just simple reading through food but feed you actually with information that perhaps will shock your before knowledge. This book is definitely handy, you can bring it just about everywhere and whenever your conditions in the e-book and printed types. Beside that this Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis) forcing you to have an enormous of experience such as rich vocabulary, giving you trial of critical thinking that we all know it useful in your day pastime. So , let's have it and luxuriate in reading.

George Foulds:

Reading a publication can be one of a lot of activity that everyone in the world likes. Do you like reading book so. There are a lot of reasons why people enjoyed. First reading a book will give you a lot of new information. When you read a book you will get new information because book is one of a number of ways to share the information or their idea. Second, studying a book will make an individual more imaginative. When you looking at a book especially tale fantasy book the author will bring one to imagine the story how the characters do it anything. Third, you could share your knowledge to some others. When you read this Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis), you can tells your family, friends and soon about yours book. Your knowledge can inspire different ones, make them reading a book.

Violet Murray:

Playing with family within a park, coming to see the coastal world or hanging out with friends is thing that usually you will have done when you have spare time, and then why you don't try matter that really opposite from that. A single activity that make you not experience tired but still relaxing, trilling like on roller coaster you have been ride on and with addition details. Even you love Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis), you may enjoy both. It is fine combination right, you still wish to miss it? What kind of hang type is it? Oh can happen its mind hangout folks. What? Still don't buy it, oh come on its referred to as reading friends.

Pamela Eckert:

Reading a book make you to get more knowledge as a result. You can take knowledge and information from your book. Book is prepared or printed or highlighted from each source in which filled update of news. In this modern era like now, many ways to get information are available for you. From media social just like newspaper, magazines, science guide, encyclopedia, reference book, story and comic. You can add your knowledge by that book. Are you ready to spend your spare time to open your book? Or just searching for the Quicklet on Nassim Taleb's The Black Swan (CliffNotes-like Book Summary and Analysis) when you required it?