Betting on Black Swans

On November 19, 2012, in Blog, by Richard T. Stuebi

The phrase “Black Swan” was coined in the book of the same name by author Nassim Taleb to describe an event that is hugely important and influential that was not anticipated but yet in retrospect could have been. September 11, 2001 is a classic example of a Black Swan.  It was only a failure of [...]

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