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Kenneth

Leesburg, VA, United States | Member Since 2005

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  • The Black Swan: The Impact of the Highly Improbable

    • UNABRIDGED (14 hrs and 20 mins)
    • By Nassim Nicholas Taleb
    • Narrated By David Chandler
    Overall
    (1978)
    Performance
    (858)
    Story
    (852)

    Maverick thinker Nassim Nicholas Taleb had an illustrious career on Wall Street before turning his focus to his black swan theory. Not all swans are white, and not all events, no matter what the experts think, are predictable. Taleb shows that black swans, like 9/11, cannot be foreseen and have an immeasurable impact on the world.

    Kenneth says: "Brilliant, Obnoxious, Narcissistic, Brilliant"
    "Brilliant, Obnoxious, Narcissistic, Brilliant"
    Overall

    The book assumes that you sort of know that the normal distribution is grossly overused in all kinds of science and pseudo-science. It explains in very easy to understand terms why this leads to a host of misunderstandings about the way the world really works. Examples include the recent sub-prime problems.

    At some level this is something that serious students of mathematics have understood for a long time, but few are able to explain it this well and this systematically.

    The style of the book will strike many who prefer more traditional prose as juvenile and narcissistic. But the brilliance of the book tends to overcome these annoyances.

    0 of 0 people found this review helpful

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