The Black Swan

by Nassim Nicholas Taleb

Find It Here on Amazon
A black swan is an event, positive or negative, that is deemed improbable yet causes massive consequences. In this groundbreaking and prophetic book, Taleb shows in a playful way that Black Swan events explain almost everything about our world, and yet we—especially the experts—are blind to them. In this second edition, Taleb has added a new essay, On Robustness and Fragility, which offers tools to navigate and exploit a Black Swan world.

Nassim Taleb's Theory of Black Swan

Nassim Taleb’s black swan theory refers to surprising and highly disruptive events called black swan events which can be downright life-altering. In hindsight, a lot of these black swan events seem blatantly obvious but I assure you that those who actually deal with one black swan event or another find them anything but obvious at that point. Through his black swan theory, Nassim Taleb helps us understand the dynamics of black swan events and it’s precisely this understanding of black swan scenarios which helps us become more resilient.