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The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb (2007)

The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb (2007)

The book explores the concept of black swan events - unexpected and unpredictable occurrences that have a significant impact.

The author argues that people tend to be overly focused on predicting the future based on their past experiences.

He argues that this focus on the past and our inability to predict future events leads to various problems in our societies.

He uses various examples such as the stock market crash of 1987, the 9/11 terrorist attacks, and the discovery of penicillin to illustrate the impact of black swan events.

Taleb also discusses the concept of randomness and how it affects our lives.

He argues that randomness and chance play a significant role in our lives and can lead to unexpected outcomes.

He discusses the importance of embracing uncertainty and the dangers of overconfidence.

Thank you for Reading.

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