Unveiling the Black Swan Factory: Understanding High-Impact Events and Their Origins
Unveiling the Black Swan Factory: Understanding High-Impact Events and Their Origins The term “Black Swan” has become synonymous with unpredictable events that carry significant consequences. Popularized by Nassim Nicholas Taleb, a Black Swan event possesses three principal characteristics: it is an outlier, it carries an extreme impact, and in retrospect, we concoct an explanation that … Read more