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Showing posts from February 24, 2013

The Black Swan by Nassim Nicholas Taleb (Book Recommendation)

The Black Swan by Nassim Nicholas Taleb is about understanding the events, positive or negative that is deemed improbable yet causes massive consequences. If Malcolm Gladwell studied outliers and the power of snap judgements, Dan Ariely is master of irrationality, Taleb is the guru of randomness. He explained that although the world is full of mediocristan or gradual and steady changes, it is shaped by extremistan or surprises like discoveries, inventions, wars, stock market crashes, terrorist attacks, etc. The negative part of the book is the heavy words used. My nose bled several times to the rescue of my mobile merriam webster dictionary.