The Black Swan - The Impact of the Highly Improbable

The phenomenal international bestseller that shows us how to stop trying to predict everything - and take advantage of uncertainty

What have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common? Why are all forecasters con-artists? Why should you never run for a train or read a newspaper?

This book is all about Black Swans: the random events that underlie our lives, from bestsellers to world disasters. Their impact is huge; they''re impossible to predict; yet after they happen we always try to rationalize them.

''Taleb is a bouncy and even exhilarating guide ... I came to relish what he said, and even develop a sneaking affection for him as a person'' Will Self, Independent on Sunday

''He leaps like some superhero of the mind'' Boyd Tonkin, Independent