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July 03, 2007
The Black Swan
Every once and a while I read a book that pulls back the fog of uncertainty around an area and gives you an aha moment. It's part insight and part rigorous framework that allows you to interpret the world in a whole new way. When I read Dawkin's "The Selfish Gene" I felt that way. Reading Taleb's "The Black Swan" long essay on how we consistently underestimate the probability of large scale random events, base our economic models on innacurate assumptions and forget our human biases in reasoning about statistics, made me feel like I had gained genuine insight into the world.
Posted by Chris at July 3, 2007 09:27 AM