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Nassim N Taleb on the Source of All Blunders

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photo: Marcos Takamatsu

I’m so excited. Nassim Nicholas Taleb’s follow-up to The Black Swan is now available in the UK – entitled Antifragile: How to Live in a World We Don’t Understand. My hardback copy is winging its way to me. Hardback? Yes, I simply can’t wait for the paperback release. And I don’t want an eBook because I want to underline all the good bits (and the eBook costs more).

As I’ve mentioned before, The Black Swan – The Impact of the Highly Improbable was a goldmine resource when I wrote A Calculated Life. In a nutshell, if I dare, Taleb argues that people, corporations, financial institutions make serious blunders because they disregard highly improbable events. They concern themselves with the likely range of possibilities and make no allowance for so-called black swans – events they have not encountered before. Read more