The Black Swan: The Impact of the Highly Improbable, by Nassim N. Taleb
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The Black Swan: The Impact of the Highly Improbable, by Nassim N. Taleb.
Chris Anderson, editor-in-chief of Wired magazine, commenting about this book, writes that “Our brains are wired for narrative, not statistical uncertainty. And so we tell ourselves simple stories to explain complex thing we don’t–and, most importantly, can’t–know. The truth is that we have no idea why stock markets go up or down on any given day, and whatever reason we give is sure to be grossly simplified, if not flat out wrong. Read more...
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