Incerto: Fooled by Randomness, the Black Swan, the Bed of Procrustes, Antifragile

by Nassim Nicholas Taleb PH.D., MBA

Overview

Nassim Nicholas Taleb’s landmark Incerto series is an investigation of luck, uncertainty, probability, opacity, human error, risk, disorder, and decision-making in a world we don’t understand, in nonoverlapping and standalone books. All four volumes—Antifragile, The Black Swan, Fooled by Randomness, and the expanded edition of The Bed of Procrustes, updated with more than 50 percent new material—are now together in one boxed set.
 
ANTIFRAGILE
 
“Startling . . . richly crammed with insights, stories, fine phrases and intriguing asides.”—The Wall Street Journal
 
Just as human bones get stronger when subjected to stress and tension, many things in life benefit from disorder, volatility, and turmoil. What Taleb has identified and calls “antifragile” is that category of things that not only gain from chaos but need it in order to survive and flourish. The resilient resists shocks and stays the same; the antifragile gets better and better. What is crucial is that the antifragile loves errors, as it incurs small harm and large benefits from them. Spanning politics, urban planning, war, personal finance, economic systems, and medicine in an interdisciplinary and erudite style, Antifragile is a blueprint for living in a Black Swan world.
 
THE BLACK SWAN
 
“[A book] that altered modern thinking.”—The Times (London)
 
A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random and more predictable. The astonishing success of Google was a black swan; so was 9/11. In this groundbreaking and prophetic book, Taleb shows that black swan events underlie almost everything about our world, from the rise of religions to events in our own personal lives, and yet we—especially the experts—are blind to them.
 
FOOLED BY RANDOMNESS
 
“[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”—Malcolm Gladwell, The New Yorker
 
Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? Fooled by Randomness is about luck: more precisely, about how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill—the markets—Fooled by Randomness is an irreverent, eye-opening, and endlessly entertaining exploration of one of the least understood forces in our lives.
 
THE BED OF PROCRUSTES
 
“Taleb’s crystalline nuggets of thought stand alone like esoteric poems.”—Financial Times
 
This collection of aphorisms and meditations expresses Taleb’s major ideas in ways you least expect. The Bed of Procrustes takes its title from Greek mythology: the story of a man who made his visitors fit his bed to perfection by either stretching them or cutting their limbs. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical views of courage, elegance, and erudition against the modern diseases of nerdiness, philistinism, and phoniness.

Product Details

ISBN-13:	9780399590450
Publisher:	Random House Publishing Group
Publication date:	11/15/2016
Pages:	1568
Sales rank:	185,518
Product dimensions:	5.50(w) x 8.40(h) x 4.70(d)

About the Author

Nassim Nicholas Taleb spent two decades as a trader and risk taker before becoming a full-time essayist and scholar focusing on practical, philosophical, and mathematical problems with chance, luck, and probability. His focus is on how different systems handle disorder. Taleb is currently Distinguished Professor of Risk Engineering at New York University’s School of Engineering, but he spends most of his time in the intense seclusion of his study, or as a flâneur meditating in cafés. Taleb’s books have been published in thirty-five languages.

Editorial Reviews

Praise for Nassim Nicholas Taleb and the Incerto collection
 
“The hottest thinker in the world.”—The Sunday Times (London)
 
“[Taleb writes] in a style that owes as much to Stephen Colbert as it does to Michel de Montaigne. . . . We eagerly romp with him through the follies of confirmation bias [and] narrative fallacy.”—The Wall Street Journal
 
“The most prophetic voice of all . . . a genuinely significant philosopher.”—GQ
 
“Startling . . . richly crammed with insights, stories, fine phrases and intriguing asides.”—The Wall Street Journal, on Antifragile
 
“A bold book explaining how and why we should embrace uncertainty, randomness, and error . . . It may just change our lives.”—Newsweek, on Antifragile
 
 “[A book] that altered modern thinking.”—The Times (London), on The Black Swan
 
“Idiosyncratically brilliant.”—Niall Ferguson, Los Angeles Times, on The Black Swan
 
“Engaging . . . The Black Swan has appealing cheek and admirable ambition.”—The New York Times Book Review
 
“[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”—Malcolm Gladwell, The New Yorker
 
“Taleb’s crystalline nuggets of thought stand alone like esoteric poems.”—Financial Times, on The Bed of Procrustes

From the Publisher