black-swan

The Black Swan

Book Notes

Okay, this book is one that I believe every person should read. If you want to read this book, and you don't have access to the book from your library, in paper, digital, or audiobook format, and I know you some way, I will loan you my copy or buy you a copy. If you arewere my older brother, I will express ship this book to you, as I believe you would benefit greatly from this book.

Taleb talks about how statistics lie, but specifically how events so far outside of the normal, or our experience, cannot be predicted. He talks about how the Black Swan events, those rare experiences that can't be predicted, demonstrate how

And he goes into a number of logic fallacies that everyone should know, but really most people don't. He shows how even when we think we're aware of them, we often aren't. Which really means we're human. And fallable.

One of the features of this book that I found annoying was the self-references to "this book." I'm not a fan of the "In this book, I am going to describe" style of writing, or the "hey, I'm going to mention this thing, but not talk about it until later" way of introducing related topics. It's how this book is written, and while I find it annoying, once I accepted it (after the second occurance), it was fine.

Again, strongly recommend, let me buy you a copy of, this book.

The central idea of this book concerns our blindness with respect to randomness, particularly the large deviations: Why do we, scientists or nonscientists, hotshots or regular Joes, tend to see the pennies instead of the dollars? Why do we keep focusing on the minutiae, not the possible significant large events, in spite of the obvious evidence of their huge influence?
Location 302