Taleb defines a black swan as an event that was unpredictable, has a high impact, and after the fact, is explained in a way that makes it appear less random. The events of 9/11 are a good example. Taleb asserts that our lives are made up of these black swan events and wonders why we do not acknowledge them. He says that instead of focusing on what we do not know, enabling us to evaluate opportunities and perhaps even predict black swans, we repeatedly focus on what we already know. In this book, Taleb discusses what we do. His writing is filled with humor and irrevrance, and will appeal to those who enjoy thinking about complex problems.
This book can be found in HECSA Library:
The Black Swan: The Impack of the Highly Improbable
Nassim Nicholas Taleb
Q 375 .T35 2007