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The Black Swan: The Impact of the Highly Improbable

By: Nassim Nicholas Taleb
Binding: Paperback
Publisher: Allen Lane
ISBN: 1846140455
ISBN-13: 9781846140457
Released: 01 Jun 2007
Average Rating:


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Customer Reviews

Partial plagiarism of his central thesis? - By: Harper, 02 Nov 2008
Reading these reviews leads me immediately to the realisation that this work may possibly be little better than plagiarism. Siméon-Denis Poisson first examined the statistical modelling of low-probability eventsin 1838, within a much wider corpus of scientific researchin pure & applied natural & social sciences. One immediate conclusion is that the probability of low-odds events occurring (where there is no impedement to frequent possible events) is much higher than normal binomial probability suggests. As this is the heart of Taleb's thesis, he's at best reinvented the wheel.
On the basis of his introduction, examining the work of Umberto Eco, I suspect he falls into a trap of his own pretentiousness, insofar as Professor Eco sometimes espouses hermetic doctrinesin his fictional works established long before our days by the Vatican & other similar bodies. His is not the work of a freelance research student, but of an acolyte, affirmed by his other publications of a non-fictional character, displaying the formation of his mentation. It is not therefore appropriate to suggest that there is much of a serendipitous nature about his well-researched, yet doctrinally conformist, theses, & that disables Taleb's first shuffle.
I therefore conclude that as both foundations to his thesis, namely his starting point & the incremental progression thenceforward, appear to be weak, this may not arrive at any logically coherent conclusions at all. Those of a religious disposition might choose to develop that objection further, insofar as the inexplicable Poisson anomaly has sometimes been argued as a scientifically-rigourous case for a non-bounded ontological eidos (orin plain language, "there are more thingsin heaven & earth, Nicholas, than are dreamt ofin your philosophy."), but each to his own: at the very least, he is not doing fresh research by a very long way, as this was very old hatin our market modellingin the 1980s.
Scintillating - By: N. Marik, 25 Oct 2008
One of the most intelligent pieces of writing I have come acrossin my reading career.

It opens up some many new ways of viewing life & its events. Delivered with a delightful touch of arrogance, sudden humour, & iconoclastic precision - the book unearths a paradigm which is so overarchingly pervasive yet consciously ignored by people.

The author's tribute to, & coverage of Benoit Mandelbrot, along with the pooh-poohing of the 'normal' model of reality is a salient highlight, & should not be missed by any serious empiricist.

The book is a black swan.
Nobody expects the Spanish Inquisition... - By: H. E. Freeman, 21 Oct 2008
This book is a black swan because against all the odds it got published. It has one idea swollen unappealingly to almost 400 pages. It is full of stereotypes, richin "imaginative" anecdotes & insufferably pompous. If you want to read about chance & probability then try Ian Stewart; for Chance & Necessity read Jacques Monod (1972).
most insightful book I've read in a long time - By: L. Benoliel, 18 Oct 2008
Yes, I understand the criticism that Mr Taleb is full of himself - undoubtedly it shows throughout the book.
However, the amount of insights he provides & the many different anglesin which he looks at the problem hammers the point through our hard-wired brains, &in my case, provided a fundamental change to the way I think & approach problems.
Definitely, a must read book.
The Emperor has no clothes - By: Dr. Michael J. Breen, 10 Oct 2008
The Black Swan: The Impact of the Highly Improbable
A highly disappointing text from an erudite & capable author. The book is fallacious, misleading & mischievous. The abuse of simple statistical distributions alone warrants not taking it seriously. It is oversold by the blurb & does not do what it says on the cover. Extremely disappointing.

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