A black swan is an extremely rare event with severe consequences. It cannot be predicted beforehand, though many claim it should be predictable after the fact.
Black swan events can cause catastrophic damage to an economy, and because they cannot be predicted, can only be prepared for by building robust systems.Reliance on standard forecasting tools can both fail to predict and potentially increase vulnerability to black swans by propagating risk and offering false security.
I came upon this a few days ago, and thought many of you might want to view it. This piece helped me put into perspective much that I was aware of, and I learned new concepts and events. . . .https://www.youtube.com/watch?v=hZnuc-Fv_Tc
Concretionist about 4 years ago
Is there some Norwegian story about a black waterbird?
Baslim the Beggar Premium Member about 4 years ago
A black swan is an extremely rare event with severe consequences. It cannot be predicted beforehand, though many claim it should be predictable after the fact.
Black swan events can cause catastrophic damage to an economy, and because they cannot be predicted, can only be prepared for by building robust systems.Reliance on standard forecasting tools can both fail to predict and potentially increase vulnerability to black swans by propagating risk and offering false security.https://www.investopedia.com/terms/b/blackswan.asp
Radish the wordsmith about 4 years ago
If it looks like a black swan and quacks like a black swan, it must be a bear market.
moosemin about 4 years ago
I came upon this a few days ago, and thought many of you might want to view it. This piece helped me put into perspective much that I was aware of, and I learned new concepts and events. . . .https://www.youtube.com/watch?v=hZnuc-Fv_Tc
ferddo about 4 years ago
Black swans don’t occur by accident – they’re created by never-Trumpers to make Trump look bad… /s