How To Profit From Black Swans | Nassim Taleb - The Black Swan | Incerto Series #2

In this video I cover the second book written by Nassim Nicholas Taleb - The Black Swan: The Impact of the Highly Improbable. What is a Black Swan? What's the difference between Mediocristan and Extremistan? How can we avoid Black Swans - or even profit from them? Let's find out.

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The video is based on:
Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

Also check out my summary of "Fooled by Randomness" by Nassim Taleb:    • Fooled by Randomness - Nassim Taleb |...  

Full clip from "The Big Short":    • The Big Short (2015) - "Ali vs Forema...  

Background music:
   • Ambient Study Music To Concentrate - ...  

Chapters:
0:00 Intro & Context
0:19 What's a Black Swan?
7:12 Mediocristan & Extremistan
9:40 Black Swan Blindness
10:30 How to deal with Black Swans
12:15 Outlook