Nassim Nicholas Taleb

@nntaleb ↗

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Last Checked March 14, 2021

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Sun Jul 19 11:48:21 +0000 2020

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Nassim Nicholas Taleb @nntaleb

BOOK PUBLISHING THREAD, 2 Then they move on to the next book & books go to low margin paperback & eventually die. 2nd Wave: Few books survive, only if they have #Lindy attributes, & or if some academic conversation props them up. Third Wave: One in 1,000 -10,000 makes it. — PolitiTweet.org

Posted July 19, 2020 Hibernated

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Nassim Nicholas Taleb @nntaleb

BOOK PUBLISHING THREAD, 1 First Wave: Fashion buyers, the class of people who systematically buy NEW "idea books". The entire book industry organized to sell to them. Books must be "in the conversation". The hardcover sales is where the $$$ are made. — PolitiTweet.org

Posted July 19, 2020 Hibernated

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Nassim Nicholas Taleb @nntaleb

BOOK PUBLISHING THREAD, 3 Most Publishers make $ from the First Wave, with increasingly lower quality paper that degrades w/time. Their staff isn't even equipped for the 3rd Wave as no credits/promotions beyond the first/2nd year when the book is attributed to a specific editor — PolitiTweet.org

Posted July 19, 2020 Hibernated