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Description / general overview :
Elegant, startling, and universal in its applications, The Black Swan is a concept that will change the way you look at the world. Black Swans underlie almost everything, from the rise of religions, to events in our own personal lives. A Black Swan is a highly improbable event with three principle 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. And why do we always ignore the phenomenon of Black Swans until after they occur? As Nassim Nicholas Taleb reveals, we are hard-wired not to truly estimate risk, too vulnerable to the impulse to simplify, narrate, and categorize and not open enough to rewarding those who can imagine the 'impossible'. In this revelatory book, Taleb explains everything we know about what we don't know, and shows us how to face the world.
CONTENTS:
Chapter 1:The Apprenticeship of an Empirical Skeptic
Chapter 2:Yevgenia's Black Swan
Chapter 3:The Speculator and the Prostitute
Chapter 4:One Thousand and One Days,or How Not to Be a Sucker
Chapter 5:Confirmation Shmonfirmation
Chapter 6:The Narrative Fallacy
Chapter 7:Living in the Antechamber of Hope
Chapter 8:Giacomo Casanova's Unfailing Luck
Chapter 9:The Ludic Fallacy
Chapter10:The Scandal of Prediction
Chapter 11:How to look at Bird Poop
Chapter 12:Epistemocracy,a Dream
Chapter 13:Appelles the Painter
Chapter 14:From Mediocristan to Extremistan,and Back
Chapter 15:The Bell Curve,That Great Intellectual Fraud
Chapter 16:The Aesthetics of Randomness
Chapter 17:Locke's Madmen,or Bell Curves in the wrong Places
Chapter 18:The Uncertainty of the Phony
Chapter 19:Half and Half,or How to get Even with the Black Swan
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