1. Craig Heneghan holds degrees from the University of Massachusetts, Amherst; Suffolk University; and
Boston College. One of Craig Heneghan’s favorite books is The Black Swan by Nassim Nicholas
Taleb.
A full-time scholar, Nassim Nicholas Taleb spent 20 years studying probability and risk management.
He is known for his unique view on model error and the impact of rare events.
A key component of Taleb’s philosophy of decision making is the concept of the black swan. The
concept hinges on the idea that people once thought that all swans were white. The first sighting of a
black swan changed the way that people viewed the species as a whole. This example shows how one
improbable occurrence can change an entire field of study.
Taleb’s approach to decision making has landed him positions as an advisor for institutions including
the International Monetary Fund and the Prime Minister of the United Kingdom. More than 3.5 million
copies of Taleb’s works have been sold and translated into 32 languages.