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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: Black Swan events are thought to be beyond possibility, and yet they happen anyway, in reality.
Chapter 3: Black Swan events can wreak devastating consequences on people who fail to see them.
Chapter 4: We are quite surprisingly susceptible to even the simplest forms of logical fallacies.
Chapter 5: The way our brains sort information makes accurate predictions extremely difficult indeed.
Chapter 6: We rarely distinguish between scalable and non-scalable information properly.
Chapter 7: We are much too confident in what we think we know.
Chapter 8: Taking stock of what you don’t know will help you to assess risks better overall.
Chapter 9: Having a solid understanding of our limitations as human beings helps us to make better choices overall.
Description
The Black Swan (2010) offers insights into perceived randomness and the limitations we face in making predictions. Our over-reliance on methods that appeal to our intuition at the expense of accuracy, our basic inability to understand and define randomness, and even our biology itself all contribute to poor decision making, and sometimes to “Black Swans” – events thought to be impossible that redefine our understanding of the world.
Who Should Listen
- Anyone whose job involves analyzing charts and trends
- Anyone interested in how they can minimize their exposure to risk
- Anyone interested in epistemology