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Old 04-30-2007, 02:28 PM
gomberg gomberg is offline
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Join Date: Jun 2003
Location: Chicago
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Default Re: Just read: The Black Swan: The impact of the highly improbable

SG - good points.

1. I think the assertion is not useless if you can use it to at least know that things outside of your model "can" happen. He mainly is bashing bell curve enthusiasts who misapply it to social science situations and economics.

2. I think he used this as an example because it was outside of the realm of possibilities from their perspective.

But yeah, there are some fascinating chapters in this book. And his style of writing is quite funny and witty. Not to mention a lot of the book makes you think and will change the way you look at the world (at least a little).
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