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A Black Swan is defined as being an event which has three characteristics; it is highly improbable, has massive impact and, in a strange way, appears almost inevitable after the event! Bestselling author Nassim Nicholas Taleb continues his exploration of randomness in his fascinating new book, The Black Swan, in which he examines the influence of highly improbable and unpredictable events that have massive impact.Engaging and enlightening, The Black Swan is a book that may change the way you think about the world, a book that Chris Anderson calls, "a delightful romp through ... Use of the term Black Swan. In recent years the term Black Swan has moved from the finance world into that of innovation and business thanks in the main to author Nassim Nicholas Taleb. Mainly through his best-selling booked titled The Black Swan: The Impact of the Highly Improbable 2007.. 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