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A black swan (Cygnus atratus) in Australia. The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The term is based on a Latin expression which presumed that black swans did ...
The Black Swan: The Impact of the Highly Improbable is a 2007 book by Nassim Nicholas Taleb, who is a former options trader.The book focuses on the extreme impact of rare and unpredictable outlier events—and the human tendency to find simplistic explanations for these events, retrospectively.
The black swan (Cygnus atratus) is widely referenced in Australian culture, although the character of that importance historically diverges between the prosaic in the east and the symbolic in the west. The black swan is also of spiritual significance in the traditional histories of many Aboriginal Australian peoples
A perfect storm led to Bayesian sinking, experts say. The combination of unlikely factors that could have contributed to the ship's fate constituted a "black swan event," Matthew Schanck, chairman ...
The black swan (Cygnus atratus) is a large waterbird, a species of swan which breeds mainly in the southeast and southwest regions of Australia. Within Australia, the black swan is nomadic, with erratic migration patterns dependent on climatic conditions. It is a large bird with black plumage and a red bill.
Informally, a basic statement is simply a statement that concerns only a finite number of specific instances in universal classes. In particular, an existential statement such as "there exists a black swan" is not a basic statement, because it is not specific about the instance. On the other hand, "this swan here is black" is a basic statement.
Nassim Taleb, who wrote the book The Black Swan about unpredictable events, is worried about the role of the U.S. dollar in global finance.. It stems from Western sanctions that froze Russian ...
Bitcoin is back on top. This week, the original cryptocurrency cracked its all-time high, fueled by new ETFs backed by BlackRock and others that have elevated its status as a mainstream investment ...