Thursday, October 15, 2009

The Black Swan

by Nassim Taleb

** [2/5]

This book is an exploration of outliers, or black swans. The author investigates the frequency of these unlikely events. I did not enjoy this book, although many of the arguments he used are true (gaussians are not as common as we would like to think) the ways he extends the theory to theology and other areas are stretched. The existence of black swans is clear, but after reading I am still not convinced that one should make decisions based only on this theory. Not recommended.

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