getAbstract

Blog Blog | RSS Feeds RSS Feeds | Free Free Summaries

Stalking the Black Swan

Research and Decision Making in a World of Extreme Volatility

by Kenneth A. Posner

Columbia UP, 2010

Category: Strategy

Stalking the Black Swan
Subscribe
Subscribe

Sign up now and receive immediate full access to this summary.

getAbstract rating

Overall (?)

rating 7 (7)

Applicability

rating 8 (8)

Innovation

rating 6 (6)

Style

rating 8 (8)

Level of Expertise (?)

rating 7 (7)

User rating

(8.0)

In this summary you will learn

  • What causes “Black Swans”
  • How to predict them
  • How to deal with the challenges of uncertainty and information processing

Why you should read Stalking the Black Swan

While many books talk about forecasting and decision making, this one is particularly engaging because of Kenneth A. Posner’s personal experience – and the honesty with which he discusses it. As a longtime analyst at Morgan Stanley, Posner had to make decisions about whether to invest in many recent high-profile, high-stakes “Black Swan” anomalies. He explains general models and approaches to dealing with uncertainty, sorting information, and developing your analytical skills and judgment. That alone is worthwhile, but the book is especially lively when Posner reviews his specific decisions. He shares his reasoning and exposes his successes and his failures to public view. The result is a knowledge-dense but very readable work that getAbstract recommends to all analysts, but also to those who want to deal with information overload and improve their decision making.

About the author

Kenneth A. Posner worked as a Morgan Stanley managing director and senior research analyst.

 
Welcome | How It Works | Browse | Corporate Solutions | Subscribe

Accessibility | Publishers | About Us | Careers | Press Corner | Testimonials | Shvoong | Bloomberg | Book Award | Gift Subscriptions | Contact | Blog

Disclaimer | Privacy Statement | Affiliate Program | Operating Agreement | © 1999-2010, getAbstract