Black Swan is the Masterpiece by Taleb.
This book is a massive "Reversion toward the Mean".
A Total And Utter Tour de Force of Horseshit, on a massive list of subject's Taleb is utterly incompetent, holding neophyte status in.
Too many times, the vast majority of times Taleb enters subject areas assuming incompetence in the field based in his limited knowledge of the field, from diet to diabetes. Nassim assumes incompetence he may have read from the editorial pages of the WSJ, but not the actual journals of the subjects he discusses.
Just one example, on the one hand he ridicules the NY 20 oz soda ban, no the other he assumes dietitians and pediatricians don't know the dangers of juices and sodas.
He attacks "liberal" economists who generally agree with his proposals, as if Stiglitz doesn't know "Agency" problems, and hasn't railed against them, as Taleb himself has.
This book is a massive attack on "Straw Men", things that aren't true and no one believes.
At Total Waste of your Time and Money.
if you wish to read Taleb, competent in his subject matter, buy Black Swan.
Yes, of course - Taleb is writing some of the most applicable and important information available.
Fooled By Randomness and The Black Swan are the first two parts of what might as well be a trilogy.
I'm curious if I was to purchase the book in book form - would Random House have felt the need to protect me from the occasional expletives that are scattered throughout the text to emphasize a point? Because they did with the audio book. Not only did they bleep out anything likely to be considered offensive to a child or maiden aunt of the nineteenth century, they bleeped it out with a BLEEP that is 3-4 times as loud as the rest of the audio - just so you'll be really aware that they protected your delicate ears from the bad words. This has the effect of taking one completely out of the book. The first time it happened was with the word 'bullsh*t' - a pretty innocuous word in this day and age - and I had to rewind half a dozen times to prove to my disbelieving mind that that had really happened. the answer was yes: someone - some pathetic, pewling, pustule at Random House felt that I couldn't be trusted to hear the word 'bullsh*t' without driving off the road in a fit of adolescent angst. I spent the next several minutes in a near-paroxysm of rage that I had been misled into believing I was purchasing the unedited, un-bowdlerized words of an author who - among other things - is one of the leading proponents of what are commonly termed libertarian values. You know, freedom and sh*t. If RH wanted to censor the f*cking book, they should fucking come right out and say so instead of pretending they didn't. I'm deeply offended by this behavior and sincerely hope that Taleb or his agent hears of it and is able to rectify it. Shame on Random House.
Abu Dhabi, UAE
That would not be possible.
There are no other books in this genre.
There is more original thinking on each page of this book than can be found in most libraries.
We predict trivia (implying we shouldn't be, but instead put some effort into coping with the antifragile events in life).
It provides answers to the issues brought up by The Black Swan, but you need not read TBS to gain from this book.
Haven't finished yet, but the basic premise of the book is what has "grabbed" me thus far (I plod slowly through books like this, but it makes it more helpful that way).
Thank you for bleeping the profanity. (I would've preferred silence to a beep, though.)
Taleb has been my favorite author the past 3 years running. I found this latest piece to be another well thought through, consequential, mind bender in the tradition of his previous Black Swan and Fooled by Randomness instalments. My only misgivings with this present work is his medical assertions e.g. describing ADHD kids as needing to be let out of their cage, or his experience of overcoming a back injury without needing surgery. For anyone in my field these arguments erode his credibility as much as Jenny McCarthy claiming immunizations cause autism. He would have been well served to discuss his medical ideas with my peers prior to putting pen to paper or stick to examples from his field of expertise in finance. Otherwise, another bloody good book!
I'm Trying to see the world with my ears.
Me Before You by Jojo Moyes.
This is one of the best books I have read in a long time. It deals with a difficult subject honestly and prompted me to think about the issues surrounding quality of life. Be warned, not a book to read on public transport unless you don't mind having an emotional melt down in public!!
I listen to learn, gain new perspectives, and grow
The fictional Characters in the book might throw you off at first, but as the book moves along it really helps you follow his talking points and makes the book very enjoyable given it relatively dry subject matter
Very well read!
The majority of the book goes over blind spots or subjective fallacies that the majority of the population holds. He makes you aware of these blinds spots in a very methodical way using great examples that will definitively stick with you.
Three general thoughts about this book:
1. It was generally interesting (although not concise), and made me think about investments in new ways.
2. He claims that his "antifragile" idea is so original, there is no word for it in any of the major languages. The problem with this claim is that any serious student of the Bible will recognize his "new" idea as the old "refiner's fire." Difficulties and hardships help us to grow and improve.
3. It would be better to read this book. LIstening when driving in traffic makes it difficult to give it the level of concentration it deserves.
Finally, he must have been dropped on his head by an academic when he was a baby. He has a level of animosity towards them that makes me grin, but seems unjustified.
Even if I had anything negative to say about this book (which I don't), those negative things would further draw your attention to this book!
There were a lot of comparisons to the markets of today I liked.
Nero and Fat Tony's views of the current economic situation.
Yes, it made me re-evaluate my thinking about the world and how I can better myself by living a less risky life by having the right KIND of risk.
The only negative thing I have to say is that the author promotes his profession as a writer more than I cared to hear.
I thought this would be a book about investing strategy. It is so much more. I will have to buy the hard copy and re-read it several times. There is a lot of meat to digest. Five-star work all the way. Taleb's comparison of the current state of academic research at publish-or-perish institutions with counterfeit watches is spot-on. I do not know of any practitioners in my field who bother to read any of the "leading journals" of academic research. Joe Ochman's narration is also outstanding. He does an excellent job coping with Taleb's broad vocabulary of unfamiliar English words smattered with foreign words like "flâneur." This book will expand your vocabulary if nothing else! I write mainly to voice my strong objection to the producer's decision to bleep Taleb's occasional use of expletives. Taleb is nothing if not a wordsmith and when he inserts an expletive it is for effect, either to show contempt for the idea he is debunking or to get the reader's attention. There is no excuse for the producer inserting a loud "bleep" over words like "bullsh*t." I listened to this book in the car and the bleeps are higher in volume that the surrounding speech. On several occasions, I thought someone was honking at me! The bleeps are unnecessary and disconcerting. May I suggest revising the recorded book to omit the bleeps? An excellent book that deserves a listen from every thoughtful person who is disturbed by current trends in academic research.