THE BLACK SWAN SUMMARY (BY NASSIM TALEB)

Thank You

Thank you for creating this.

We don’t pray to get the result we want

This is a great summary of a great book.

well explained

Thank you for the summary! By the way, is the actual book worth reading?

Should be called a ‘Black Turkey’ event.

Unnecessary flairs

Amazing Summary..!! Good work!!

Scottish philosopher David Hume in 1761 summed up the "black swan problem"

Great video. 💯👏. Explained very well

Great job!!! I’m doing a Podcast on “Black Swan” this week… I was looking for inspiration; thanks!!!

Remember your loss is someone's gain .

Great summaries.

WW1 and Black Monday could be predicted... just nobody cares truly... Even the turkey analogy is predictable. Just think about the benefits for the humans and the turkey could see something is wrong.

Black Swann Incoming!

Please do not translate video titles. Thanks

I don’t think humans realize that their brain has a conscience of its own. It creates habits and routines, and if you don’t know this, you can miss out on really seeing. You have to get into the now, if you do this every day, multiple times a day, you can break and mold your brain patterns, but you also have to make sure your brain don’t make a habit or routine of your now, so it constantly has to change, you need to have a relationship with your brain. And you have to learn from that relationship, same has when you are learning how to date, and learn how to love another person. It’s the same thing.

It is interesting what he says at the end, as it's very unusual here for people to invest in gilts (bonds). Sure, if the govt. went bust we'd have bigger problems than our investment portfolios but it's not an attractive option here. Maybe it's different in other countries? Can I ask if you have Swedish bonds/gilts (I say gilt because a bond here means something else - usually a long-term savings account where you can only put money in for 14 days and then it matures after a certain time-period, normally between 6 months and 7 years)? I read the Intelligent Investor and was puzzled by the frequent mention of bonds, because I don't know anyone who has (or had) government bonds.

Anyway, great stuff as always. You summarise books better than anyone I've seen 🙂

Just call it the “Flaw of Capitalism”! Capitalism has exposed the artificial society we live in.

Humanity has been pledged and lead with the 7 Deadly Sins.

I have the INCERTO collection from NNT and I consider it to be my best selection!
NNT is a Living LEGEND!!!

This is amazing summary. Thank you

Very good 👍🏻

Now It’s on my to read list, thanks👍

Having read the book, i would say this is pretty well summarized. thank you so much

He is totally wrong. The 85% is not safe because bonds are eaten up by inflation and 15% is not a homerun as well because the probability is similar to that of a lottery.
Just invest in premium luxury non-durables like Hermes, LVMH, Apple and scaled economies shared like Costco, Amazon, Walmart. High profit margins because of pricing power and also recession proof.

the book is hard to consume.. lol
this vidio is a gem. great job!

7thnx7

That was completely excellent / Interesting and very educational .. thanks .. hoped you had a good day rafting at Mission Beach .. 🤣❤️

The climate crisis should be treated as Extremistan. Instead governments and financial institutions are going about it as if we are living in Mediocristan, which means that there is no time left for another round of consultations.

Look for Francisco Portero, forecasting today ucranian war 8 years ago, in his speech " La crisis en
Ucrania", out of historical and geopolitical grounds. Is this a black Swan ?

Next black swan = WW3, in the West the CBDC will be pushed but will fail and a global gold backed currency will be the new normal, human populations will be concentrated and lowered systematically by 5 means, after all of this 2030 the world will be far more balanced

Thank you for your very informative summary. I think I couldn't understand the book without your video.

Thank you Swedish investor ❤ 😊👌

Best

This guy sounds like the guy who narrates for the Investigate Europe YT channel

Good summary. Well presented. You can skip reading the "long" book.

What a great video!! Thank you so much for this summary 🙌🏻

Covid is the new black swan

Showing this to my grandson - who beginning to experience “the world”, really fantastic! Who can beat Nassim?! Too bad my previous business school just “schoo-Ed” it away!

This my friend. IS A GEM. I don't like the conclusion of point five, but also wasn't really expecting a satisfying solution. The rest of it totally made sense to me!! Thanks for the video!

Great great summary! Please note that in the example of the 100 people heights, you should add 90 centimetres and not 272 since you add a person that is 90 centimetres above the current average

Thank you very much. As always, I love it.

What 'box' were you thinking from when you drew the earth as a round ball? Isn't the earth still flat?

An excellent way of explaining more than 700 pages in just 20 mins.Your hardwork is really appreciating.
Thanks a lot..

Oh dear Swedish Investor! thanks for posting this amazing content. I have barely finished the black swan book and my journals are filled with the reflections of the world merely running on predictability. Life seems to have been consumed in mere memorization and reproduction of scripted events. Even a day on rafting adventure was to break this pattern of predictability and monotony. Mundane life is spent on predictable events and any outliers kind of throw off...

thank you