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The Black Swan: The Impact of the Highly Improbable: Difference between revisions
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The Black Swan: The Impact of the Highly Improbable (view source)
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That’s ultimately the conclusion of this unnecessarily long book: “Stuff happens". The interesting material is mostly covered in existing books by other authors (I recommend {{author|Philip Ball}}’s {{br|Critical Mass: How One Thing Leads to Another}}) and the implication of the [[power law]] on the behaviour of markets is the subject of {{author|Benoit Mandelbrot}}’s very good {{br|The (Mis) Behaviour of Markets: A Fractal View of Risk, Ruin And Reward}}. | That’s ultimately the conclusion of this unnecessarily long book: “Stuff happens". The interesting material is mostly covered in existing books by other authors (I recommend {{author|Philip Ball}}’s {{br|Critical Mass: How One Thing Leads to Another}}) and the implication of the [[power law]] on the behaviour of markets is the subject of {{author|Benoit Mandelbrot}}’s very good {{br|The (Mis) Behaviour of Markets: A Fractal View of Risk, Ruin And Reward}}. | ||
{{c|Statistics}} | |||