“A small number of Black Swans explains almost everything in our world, from the success of ideas and religions to the dynamics of historical events, to elements of our own personal lives.”
— Nassim Nicholas Taleb
Why It's Lindy
Published in 2007, predicted the 2008 financial crisis before most economists. Its central insight — that we systematically underestimate the role of the unknown — has reshaped risk management worldwide.
About This Volume
Taleb's analysis of rare, high-impact events and our tendency to explain them after the fact. A fundamental challenge to how we think about risk and prediction.
Frequently Asked
Why should I read The Black Swan?
Published in 2007, predicted the 2008 financial crisis before most economists. Its central insight — that we systematically underestimate the role of the unknown — has reshaped risk management worldwide.
What is The Black Swan about?
Taleb's analysis of rare, high-impact events and our tendency to explain them after the fact. A fundamental challenge to how we think about risk and prediction.
