The Black Swan: The Impact of the Highly Improbable Re-issue Edition

by Nassim Nicholas Taleb (Author)

1,292 customer reviews

ISBN-13: 978-0141034591

ISBN-10: 0141034599

Why is ISBN important?

Have one to sell? Sell on Amazon

Added to

Unable to add item to List. Please try again.

Share <Embed>

Condition: Used - Very Good

In Stock. Sold by owl_of_minerva_books, Fulfilled by Amazon

Access codes and supplements are not guaranteed with used items.

63 Used from $6.78

Deliver to France

Turn on 1-Click ordering

Only 12 left in stock - order soon.

Ships from and sold by Kennys Bookshop & Art Gallery.

This item ships to France. Get it by Thursday, Jan. 17 - Friday, Feb. 8 Choose this date at checkout.

69 New from $11.18

Deliver to France

$13.35 + $5.50 shipping

Turn on 1-Click ordering

More Buying Choices

69 New from $11.18 63 Used from $6.78

132 used & new from $6.78

See All Buying Options

Free Two-Day Shipping for College Students with Amazon Student

What have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common? Why are all forecasters con-artists? What can Catherine the Great's lovers tell us about probability? And, why should you never run for a train or read a newspaper? This book is all about Black Swans: the random events that underlie our lives, from bestsellers to world disasters. Their impact is huge; they're impossible to predict; yet after they happen we always try to rationalize them. A rallying cry to ignore the 'experts', "The Black Swan" shows us how to stop trying to predict everything - and take advantage of uncertainty.

Customers who viewed this item also viewed

Page 1 of 1 Start overPage 1 of 1

This shopping feature will continue to load items. In order to navigate out of this carousel please use your heading shortcut key to navigate to the next or previous heading.

John Brooks

455

Paperback
$17.09

Customers who bought this item also bought

Page 1 of 1 Start overPage 1 of 1

This shopping feature will continue to load items. In order to navigate out of this carousel please use your heading shortcut key to navigate to the next or previous heading.

John Brooks

455

Paperback
$17.09
Jeanne Liedtka

25

Paperback
$14.97
David Graeber

333

Paperback
$14.95

Editorial Reviews

What have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common? Why are all forecasters con-artists? What can Catherine the Great's lovers tell us about probability? And, why should you never run for a train or read a newspaper? This book is all about Black Swans: the random events that underlie our lives, from bestsellers to world disasters. Their impact is huge; they're impossible to predict; yet after they happen we always try to rationalize them. A rallying cry to ignore the 'experts', "The Black Swan" shows us how to stop trying to predict everything - and take advantage of uncertainty.

Product details

Paperback: 480 pages
Publisher: Penguin; Re-issue edition (January 1, 2008)
Language: English
ISBN-10: 0141034599
ISBN-13: 978-0141034591
Product Dimensions: 7.7 x 5 x 1.2 inches
Shipping Weight: 12 ounces (View shipping rates and policies)
Average Customer Review: 1,292 customer reviews
Amazon Best Sellers Rank: #1,000,903 in Books (See Top 100 in Books)
- #1777 in Books > Textbooks > Science & Mathematics > Mathematics > Statistics
- #2477 in Books > Business & Money > Skills > Decision Making
- #2600 in Books > Science & Math > Mathematics > Applied > Probability & Statistics

Would you like to tell us about a lower price?
If you are a seller for this product, would you like to suggest updates through seller support?

Be the first video

Your name here

Try the Kindle edition and experience these great reading features:

See Kindle Edition

1,292 customer reviews

By customer groups & interests

Wall Street

4.0

Entrepreneurship

3.9

Is this feature helpful?

Thank you for your feedback.

Review this product

Write a customer review

Showing 1-6 of 1,292 reviews

There was a problem filtering reviews right now. Please try again later.

Prolix prognosticator

Too demeaning of others--even if they might deserve some blame for things

June 14, 2018

Format: PaperbackVerified Purchase

Already lots of reviews on this work but I have an additional thought or two. I would have liked to have given this book a higher rating but Dr. Taleb's incessant jibes at mathematicians, economists, those working withing the financial markets, and even biologists (!!!) quickly gets VERY old. There are sections where every single page has some reference to this field or that which, in his estimation, is populated by nothing but the village idiots.

I can certainly understand him taking exception with those who have, at least in the lead up to 2008, steered us onto the financial rocks, but his beating of the same drum gets quickly stale. Here I think of the maxim that at some point you have to fix the problem and not the blame. This book could have been a hundred pages shorter--perhaps a 20,000 word piece of long-form journalism.

He also drifts to and fro quite a bit in his writing. While I truly enjoy his erudition and a touch of the circumlocution, this work would have been much better served if he had kept to the task at hand.

There are a couple of redeeming aspects to his effort however. His admonition that it is better to prepare than it is to predict are wise words in any walk of life and here he frames them nicely.

Also, in the epilogue he lists his "Ten principles for a black swan robust society." These are wonderful admonitions such as society should not socialize the losses and privatize the gains. Capitalism is about rewards and punishments not just rewards is another good point. This short section is well worth your time.

I also liked his introduction to the reader of the concept of iatrogenics--making sure no lasting harm is done while trying to help.

This would have worked much better in 20K words and without the snide comments regarding others and their fields of study. I think an admonishment that fits here is the "play the ball not the man."

Neal Schier - June 2018

31 people found this helpful

Comment

Roger D. Williams

A Modern Masterwork

February 27, 2017

Format: Kindle EditionVerified Purchase

The first book that I read in the four-volume "Incerto" set by Nassim Kaleb was "Antifragile," so my reading of "The Black Swan" is out of sequence. However, I am glad that I came to it in its second edition, with footnotes addressing some of the criticisms made of it (tip: flip to the footnote as soon as you come across the symbol identifying it rather reading on to the end of the chapter where they are listed). While highly relevant to the dismal science of economics, it is far from a dismal tome. Some of the anecdotes will have you chuckling or even laughing out loud! It is a highly stimulating and entertaining book and will particularly delight those who enjoy the debunking of wrong-headed purveyors of elaborate academic theories that are not just useless but actually harmful. If this sounds like a book you might enjoy, be aware that the four-volume Incerto series is available as a set, something I found out too late to profit from the knowledge. I intend to purchase the other two volumes and recommend the set. His treatment of the devastating events known as Black Swans ought to be required reading for all who would like to avoid causing or experiencing them.

26 people found this helpful

Comment

Ronald A. Elling

Read the postscript in the 2nd edition and you won't need anything else

March 19, 2017

Format: Kindle EditionVerified Purchase

A must have read. Definitely get the second edition. The "postscript essay" is the most valuable part of the whole book. You have to slog your way through endless invectives in edition one, but the postscript in edition two ties it all together in a tight presentation. Excellent work that I came to through "The Signal and the Noise".

24 people found this helpful

Comment

Am I really a Black Swan? Says who?

March 18, 2018

Format: PaperbackVerified Purchase

I am not smart enough to estimate the number of people who have been given the capacity to look at the world from an entirely unique and yet vital perspective, but Nassim Taleb is definitely one of them. The insights that come to him naturally, if studied and adapted by the average person into their own thought processes, would go a long way toward advancing the enlightenment of our species in general. When Einstein said that imagination was more important than knowledge, it may have been Nassin Taleb that he had in mind. That said, I do take issue with his final statement that implied that because our existence represents, in his opinion, a one in a 180-400 billion odds of our not being alive, depending on the sperm count of the father. Who says? Do we really know for sure that each of those 180-400 billion sperm are entirely and distinctly different from each other in any discernible way? Are sperm like snow flakes, each identifiably unique? What if every individual sperm was identical to the others in its group? Consider identical twins; two sperm, two identical individuals. And if triplets or quintuplets, or even sextuplets are seemingly different from each other, is it the sperm, or is it perhaps the ova that has introduced the dissimilarity? In the one case, a black swan no doubt. In the other, a very predictable distinction.

6 people found this helpful

Comment

Amazon Customer

August 21, 2017

Format: Kindle EditionVerified Purchase

It's an entertaining book although the writing style leaves much to be desired. The main points are the contempt for any other called expert (any but the author who paints himself insufferable) in regards to the a priori information about models of the world and how one can be more open to the notion of outliers.

9 people found this helpful

Comment

Northern Wanderer

Beware the Black Swan

May 15, 2015

Format: PaperbackVerified Purchase

This is an interesting, challenging book. The author believes that the events that change the world come out of the blue, are not predictable, and afterwards we try to make sense of them, pretending they are predictable. These events exist outside the ordinary where small perturbations of little real account can be managed for. Since we can;t predict Black Swans, we can manage so as to reduce the risk from negative swans and be ready and receptive to take advantage of positive ones.

I am still absorbing this but I think it has changed how I look at things and manage for risk and opportunity.

The author's writing is sometimes a bit bombastic and even perhaps condescending but a smart reader won't let that get in her way.

7 people found this helpful

Comment

Pages with related products. See and discover other items: management information system, math projects

English United States

Conditions of Use
Privacy Notice
Interest-Based Ads
© 1996-2018, Amazon.com, Inc. or its affiliates