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The book asserts that a "Black Swan" event depends on the observer: for example, what may be a Black Swan surprise for a turkey is not a Black Swan surprise for its butcher. Hence the objective should be to "avoid being the turkey", by identifying areas of vulnerability in order to "turn the Black Swans white".
The Black Swan is a 1932 British historical adventure novel by the Anglo-Italian writer Rafael Sabatini. Like the author's earlier Captain Blood , it focuses on piracy in the seventeenth century Caribbean .
The Black Swan (German: Die Betrogene: Erzählung) is a German novella written by Thomas Mann, first published in 1954. [1] A period work, it takes place in Düsseldorf , Germany, in the mid-1920s. Plot summary
The Sunday Times described his 2007 book The Black Swan as one of the 12 most influential books since World War II. [5] Taleb criticized risk management methods used by the finance industry and warned about financial crises, subsequently profiting from the Black Monday (1987) and the 2007–2008 financial crisis. [6]
A black swan (Cygnus atratus) in Australia. The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The term is based on a Latin expression which presumed that black swans did ...
A perfect storm led to Bayesian sinking, experts say. The combination of unlikely factors that could have contributed to the ship's fate constituted a "black swan event," Matthew Schanck, chairman ...
It was first published in 2001. Updated editions were released a few years later. The book is the first part of Taleb's multi-volume philosophical essay on uncertainty, titled the Incerto, which also includes The Black Swan (2007–2010), The Bed of Procrustes (2010–2016), Antifragile (2012), and Skin in the Game (2018).
The former ballerina convicted of killing her well-heeled husband — in a sensational case that came to be known as the “Black Swan murder” — has been sentenced to 20 years in prison ...