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adrw // Andrew Alexander

The Black Swan: The Impact of the Highly Improbable

Books, Author(Nassim Nicholas Taleb)1 min read

2007 | Nassim Nicholas Taleb

Written with the flourish of wit, or to some hubris, Taleb in this bestseller tears down traditionally sense-making-bodies failure to understand phenomenon by examining their tail end performance amidst highly improbably circumstances, not the more predictable bell curve performance under "normal" conditions.

The failure case, he argues, is what more precisely defines the essence of the phenomenon.

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