Everything Black Swan related. -BH


*Definition of a Black Swan (1)


“A Black Swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was.” -Nassim Nicholas Taleb

Most of the concepts I am going to be covering are from Taleb’s book called The Black Swan.

I think it is important to start very simple, and anyone that is new to the concept of a Black Swan should really try to soak in that definition.

(Ideas from Nassim Nicholas Taleb)

-BH