The Black Swan: The Impact of the Highly Improbable

The Black Swan
Hardcover first edition
AuthorNassim Nicholas Taleb
LanguageEnglish
SeriesIncerto
SubjectEpistemology, philosophy of science, randomness
GenreNon-fiction
PublisherRandom House (U.S.) Allen Lane (U.K.)
Publication date
April 17, 2007
Publication placeUnited States
Media typePrint, e-book
Pages400 pp (hardcover)
ISBN978-1400063512 (U.S.), ISBN 978-0713999952 (U.K.)
OCLC71833470
003/.54 22
LC ClassQ375 .T35 2007
Preceded byFooled by Randomness 
Followed byThe Bed of Procrustes 

The Black Swan: The Impact of the Highly Improbable is a 2007 book by Nassim Nicholas Taleb, who is a former options trader. The book focuses on the extreme impact of rare and unpredictable outlier events—and the human tendency to find simplistic explanations for these events, retrospectively. Taleb calls this the Black Swan theory.

The book covers subjects relating to knowledge, aesthetics, as well as ways of life, and uses elements of fiction and anecdotes from the author's life to elaborate his theories. It spent 36 weeks on the New York Times best-seller list.[1]

The book is part of Taleb's five-volume series, titled the Incerto, including Fooled by Randomness (2001), The Black Swan (2007–2010), The Bed of Procrustes (2010–2016), Antifragile (2012), and Skin in the Game (2018).[2]

  1. ^ Baker-Said, Stephanie (March 27, 2008). "Taleb Outsells Greenspan as Black Swan Gives Worst Turbulence". Bloomberg News. Retrieved December 20, 2020.
  2. ^ Clancy, Josh (April 7, 2018). "The chaos man". The Australian. Retrieved December 20, 2020.