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The Black Swan Book Summary By Nassim Nicholas The impact of the highly improbable

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Before the discovery of the first black swan, people were convinced that all swans were white. Hence, a “Black Swan” indicates an unexpected and impactful rare event. From the financial crises to the sinking of the Titanic, or the September eleven attacks, “Black Swans” exist in all fields. This book provides an in-depth analysis of the nature and the rules of “Black Swans.” It enables us to understand both how society operates, and how to gain the upper hand in this uncertain world.

Nassim Nicholas Taleb is a researcher at the New York University Courant Institute of Mathematical Sciences. He is the author of several bestselling books, such as ‘Fooled by Randomness’, ‘An-tifragile’, and ‘Skin in the Game’. As a practical researcher of “uncertainty,” Taleb has written fifty academic papers investigating “uncertainty” and is known as a thinker with “rare courage and broad knowledge.” His thoughts and works have influenced a large population of readers worldwide. He has also helped in making the “Black Swan” become a household concept.