The most valuable takeaway message is that history does not always prepare us for the future taleb uses the example of turkeys and christmas. The very concept of the black swan should force one to alter the way they perceive the world. In 2009, he was named to forbes list of the worlds most influential management gurus. The black swan 363 merely throwing together random materials only to be shocked that the resul t could, for instance, be used to get around town more rapidly. In addition, although the book was released in 2007, a newly revised edition with almost 100 extra pages was released in may. The black swan is a landmark bookitself a black swan. Praise for the black swan a book that altered modern thinking.
Nassim nicholas taleb doesnt like to carry any debt. Apr 25, 2018 nassim nicholas taleb doesnt like to carry any debt. I hope youve enjoyed this collection of my favorite nassim nicholas taleb quotes. Through a number of examples, the author aims to show his readers how rare and unpredictable events have a deep and lasting impact on a persons life. On robustness and fragility incerto paperback may 11, 2010. Chris anderson, editor in chief of wired, author of the long tail. Six reasons i am not nassim nicholas taleb and neither are you. Taleb is the author of the black swan, the book about, as the subtitle puts it, the impact of the highly improbable.
His book the black swan was described as one of the 12 most influential books since world war 2. It also happens to be the correct way to properly analyze any unexpected event in life. He used to be a trader, but is currently distinguished professor of risk engineering at new york university. A black swan is a highly improbable event with three principal characteristics. Nassim nicholas taleb, born in 1960, spends most of his time as a flaneur, meditating in cafes across the planet. As i noted here, seth klarman recently recommended the book as very important to read.
May 11, 2010 praise for nassim nicholas taleb the most prophetic voice of all. Once upon a time there was a clever young financial professional called nassim nicholas taleb. In january, he also warned of the systemic risks of the coronavirus pandemic. Maverick thinker nassim nicholas taleb had an illustrious career on wall street before turning his focus to his black swan theory.
Black swan author nassim nicholas taleb divides the world into three exwall street derivatives trader turned author and academic talks about living antifragile in a fragile world by jana. He discusses how we are very good at averaging things out. Born in lebanon in 1960, taleb lived through a black swan when his serene homeland was cast into the chaos of civil war in 1975. Taleb is famous for identifying black swans and antifragile systems. The impact of the highly improbable 1st by taleb, nassim nicholas isbn. Nassim taleb is annoying, but antifragile is still worth reading. The black swan by nassim nicholas taleb live truly. A black swan is a highly improbable event with three. The author of the black swan, book about risk and probability theory, said failure to predict the crash of 2008 has discredited the treasury secretary and other leading voices. Author nassim nicholas taleb discusses his theory about events he calls black swans occurrences that seem to be totally impossible. His family saw its political prominence and wealth reduced by the lebanese. Nassim nicholas taleb s treasure chest of a book and new york times bestseller, the black swan, explores the nature of unpredictable events of huge consequence it sheds light on fundamental errors of thought. His 2007 book the black swan has been described by a number of publications as one of the twelve most influential books since world war ii.
The author of the black swan is nassim nicholas taleb, who spends a lot of his time relaxing in different places all over the world. If given a choice between investing with buffett and billionaire investor george soros, taleb also said he would probably pick the. The black swan is a standalone book in nassim nicholas talebs landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. In january, he also warned of the systemic risks of the coronavirus. The black swan a best seller authored by nassim taleb, has been on my reading list for some time. You ve now increased the average net worth in the room to. Nowadays, one way you can gain access to many earlystage opportunities without needing to be a high net wealth individual is through equity crowdfunding platforms. Taleb has made his living and a small fortune, now transformed into a large fortune by the 2008 market in an unusual way by financial speculation in contexts where he spots a small chance of making a very large gain. Taleb shows that black swans, like 911, cannot be foreseen and have an immeasurable impact. Jun 16, 2009 taleb is the author of the black swan, the book about, as the subtitle puts it, the impact of the highly improbable. Nassim taleb offers the type of statistical thinking needed to win as a trader. Given that nassim nicholas talebs books often describe cultural forces shortly. Taleb is a vastly entertaining writer, with wit, irreverence, and unusual stories to tell.
The impact of the highly improbable was one of six book shortlisted for the 2007 ftgolman sachs business book of the year award. Ive just read the black swan, which has destroyed my faith in stock pickers. Bestselling author nassim nicholas taleb continues his exploration of randomness in his fascinating new book, the black swan, in which he examines the influence of highly improbable and unpredictable events that have massive impact. Chris anderson, editor in chief of wired, author of the long tail idiosyncratically brilliant.
In his books on the importance of the improbable fooled by randomness and the black swan he adopts an unpleasantly sneering tone. The impact of the highly improbable is a 2007 book by author and former options trader nassim nicholas taleb. Learning to expect the unexpected nassim taleb by nassim taleb the new york times, april 8, 2004 the 911 commission has drawn more attention for. The impact of the highly improbable he says we currently live in a world of opacity, where knowledge is overestimated and chance and uncertainty are underestimated. I came across an article on bloomberg businessweek, which said. Nassim nicholas taleb first made this argument in fooled by randomness, an engaging look at the history and reasons for our predilection for selfdeception when it comes to statistics. Nassim taleb is a aries and was born in the year of the rat life. His 2007 book the black swan has been described by the sunday times as.
This exercise is outlined in the book the black swan by nassim nicholas taleb. A strong case could be made that nassim taleb is one of the most original minds of our time. The black swan is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. Taleb has made his living and a small fortune, now transformed into a large fortune by the 2008 market in an unusual way by financial speculation in contexts where he. His 2007 book the black swan has been described by the sunday times as one of the twelve most influential. It talks about the unknown unknown, the black swan, the highly improbable unpredictable event that changes the world and which we will we later try to explain away. If you read his stuff to get the content of the material and not worry about sentence structure, syntax, et a. Nassim taleb, universa investments scientific advisor and distinguished professor of risk engineering at nyu, warned of an acute virus spreading throughout the planet in his 2007 book the black swan. Comments on nassim talebs the long peace is a statistical illusion steven pinker. After emigrating to the united states, he attended wharton. Its well worth reading every book of his incerto series, which includes. Find all the books, read about the author, and more.
The impact of the highly improbable by nassim taleb date read. He has a polymathic command of subjects ranging from cognitive science to business to probability theory. He talks about the ways that it should help you live your life and all of the lessons you can learn. The black swan is a landmark book itself a black swan. The impact of the highly improbable is a book that focuses on what has now come to be known as the black swan theory. He is a bestselling author and has been a professor in many. He is the author of fooled by randomness and the black swan, which has spent more than a year on the new york times bestseller list and has become an intellectual, social, and cultural touchstone. Apr 08, 2004 nassim taleb offers the type of statistical thinking needed to win as a trader. This exercise is outlined in the book the black swan by nassim. If given a choice between investing with buffett and billionaire investor george soros, taleb also said he would probably pick the latter.
May 21, 2007 author nassim nicholas taleb discusses his theory about events he calls black swans occurrences that seem to be totally impossible. Before publishing bestsellers fooled by randomness, the black swan, and antifragile, taleb was a trader who made millions betting on rare and consequential market events like black monday of 1987. The book focuses on the extreme impact of rare and unpredictable outlier events and the human tendency to find simplistic explanations for these events, retrospectively. Enter the black swan nassim taleb is a former wall street trader whose thinking.
Books by nassim nicholas taleb author of the black swan. Black swan author nassim taleb has never, ever borrowed a. Be sure to check beck for more quotes from other brilliant authors. What is nassim talebs personal net worth in dollars. Taleb calls this the black swan theory the book covers subjects relating to knowledge. Overall, the books of the incerto have changed my thinking on a number of topics, but this book has probably had the largest impact essentially, the book is all about how to convert knowledge. Overall, the books of the incerto have changed my thinking on a number of topics, but this book has probably had the largest impact. Black swan author nassim taleb has never, ever borrowed. Nassim taleb was born in lebanon on sunday, march 27, 1960 baby boomers generation.
In fact, the scholar and author of the black swan has never, ever borrowed a penny, he tells esquire. Nassim taleb net worth looking at his career in so many fields, we can say that he has earned huge amounts of money throughout his life. Everyday low prices and free delivery on eligible orders. Nassim nicholas taleb, in the video above, discusses the basics of his book, anti fragile. In the course of 400 pages, nassim taleb discourses amusingly and eruditely on black swans and the human reaction to them, which isnt always logical. The impact of the highly improbable by nassim nicholas taleb is one of those books that can completely change the way you see the world. Nassim taleb net worth and key habits habit stacker. The comfortable but potentially devastating lies we are told by others, and ourselves. The black swan is a standalone book in nassim nicholas talebs landmark. Nassim nicholas taleb is a lebaneseamerican of antiochian greek descent essayist, scholar, statistician, and former option trader and risk analyst, whose work concerns problems of randomness, probability, and uncertainty. It came out in 2007, just before everything that seemed highly improbable. Gq praise for the black swan a book that altered modern thinking. Dec 05, 2012 like taleb s 2007 bestseller the black swan, antifragile brims with bluster, meanspirited diatribes and chestthumping selfcongratulation. Not all swans are white, and not all events, no matter what the experts think, are predictable.
Like talebs 2007 bestseller the black swan, antifragile brims with bluster, meanspirited diatribes and chestthumping selfcongratulation. Praise for nassim nicholas taleb the most prophetic voice of all. The problem with taleb if you want to call it that is that he breaks all the laws of novel writing. According to nassim nicolas taleb, a black swan event is a lowprobability, highimpact event that is impossible to forecast or predict. Nassim taleb is annoying, but antifragile is still worth. Black swan author nassim nicholas taleb divides the world. I was surprised to learn that nassim taleb had a problem with my book the better angels of our nature, because its analysis of war and terrorism harmonizes with talebs signature themes.387 1526 591 671 340 1452 1598 1600 1331 492 749 1270 1534 1303 1393 564 300 84 433 932 290 500 899 127 41 97 947 732 1021 795 382 225 84 1565 335 1484 546 979 505 968 1426 845 1104 947 1380