Praise for nassim nicholas taleb the most prophetic voice of all gq praise for the black swan a book that altered modern thinking the times london a masterpiece chris anderson editor in chief of wired author of the long tail idiosyncratically brilliant niall ferguson los angeles times the black swan changed my view of how the world works . The black swan the impact of the highly improbable is a 2007 book by author and former options trader nassim nicholas taleb the book focuses on the extreme impact of rare and unpredictable outlier events and the human tendency to find simplistic explanations for these events retrospectively taleb calls this the black swan theory. The black swan by nassim nicholas taleb key takeaways analysis and review preview the black swan by nassim nicholas taleb is a philosophical treatment of talebs research on highly improbable high impact events these events which taleb calls black swans are so improbable that they are unpredictable. A black swan is a highly improbable event with three principal characteristics it is unpredictable it carries a massive impact and after the fact we concoct an explanation that makes it appear less random and more predictable than it was. Nassim nicholas taleb expert on risk and randomness discusses the black swan the impact of the highly improbable presented by harvard book store nassim nicholas taleb defines a black swan
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