As such, it’s more of a book on how NOT to invest rather than how to invest. Therefore, building robustness to these events, which is the central idea of the book. Nassim Nicholas Taleb’s now popular The Black Swan: The Impact of the Highly Improbable is a book about epistemology, probability, risk, and psychological biases. Nassim Nicholas Taleb’s now popular The Black Swan: The Impact of the Highly Improbable is a book about epistemology, probability, risk, and psychological biases. Because of its high impact on our lives, they cannot be avoided rather we need to increase exposure to positive black swans and limit them to the negative ones. The Black Swan is a positive or a negative outlier event that has extreme impact and is explainable in retrospect. This book is the second book of the five books in Taleb’s “Incerto” series and has spent 36 weeks on New York’s bestseller list. Taleb calls this the “Black Swan Theory”. Essentially, the book is all about how to convert knowledge into action and figure out what knowledge is worth. He explains how unexpected outlier events dramatically change our lives and when they do so, what we can do to become better at expecting the unexpected. The Black Swan by Nassim Nicholas Taleb discusses human psychology and decision making in rare improbable events. Purchase Availability:, , , Nilkhet, New Market, Aziz Super market, Bigglobooks, Bookspider BD, Tome BD, MKBookhousebd
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