Thursday, February 21, 2008

The Black Swan, Or You Can't Predict The Next Google
(Information Week)


If you read one book this year, make sure it's Nassim Nicholas Taleb's "The Black Swan: The Impact of the Highly Improbable." Taleb's thesis is that everything the experts think they know about forecasting is wrong, and if you think you can predict the future performance of the stock market from a study of past trends, you're gonna be losing lots of money. And don't go looking for the next Google, either, because it's going to come out of left field.

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