Sunday 21 February 2016

BLACK SWAN EVENTS

Black Swan events: 9/11, the Great Depression, the French Revolution, the meteor that killed the dinosaurs, the invention of Facebook, Britney Spears shaving her head in 2004. Taleb says that one of the defining facets of a Black Swan event is that they are easily explainable in hindsight, but they’re nearly impossible to imagine beforehand

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