Key insights from
The Black Swan: The Impact of the Highly Improbable
Audio available
11 minute read
Published May 11, 2010
What you'll learn
Our brains and cultures are trained to look for patterns and explain away mysteries, but what do we do when what we predict matters less and less and the unpredictable matters more and more? Taleb tells us what’s really driving human history and why societies and individuals set themselves up for failure until they respect the unexpected.
Key insights
- • What you'll learn
- 1 It’s not the predictable but the unpredictable that increasingly shapes our world.
- 2 Since the Industrial Revolution, Black Swan events have become more frequent; in our own day they are more likely than ever.
- 3 History remembers those who cure diseases—not the ones who prevent them.
- 4 There are two types of randomness: the mild and the wild.
- 5 The word “because” is a tricky one.
- 6 You are a Black Swan—live your life with an appreciation for your high improbability.
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