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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 ...
This was a period when Australian flora and fauna decorative motifs were widely used for the first time. Images of lyrebirds, sea horses, waratahs, flannel flowers, firewheels, cockatoos and palm leaves feature prominently in the work of Lucien Henry, but the only known example of his work with a black swan is in a design for a fountain. [32]
The concept of wild cards comes close to the black swan theory described by Nassim Nicholas Taleb in his 2007 book The Black Swan. Black swans however can be seen as events that somehow are written in destiny (or the stars) and will occur anyhow. [7] The title refers to the "black swans" that existed already for millions of years in Australia ...
The hedge fund veteran said the market will continue to see “pure euphoria” in the short term but will exit the Goldilocks zone toward the end of the year.
A Black Swan fund is an investment fund based on the black swan theory that seek to reap big rewards from sharp market downturns. They became more known after the financial crisis of 2007–2008 . One example of a "Black Swan" fund is Universa, which was founded by Mark Spitznagel and advised by Nicholas Taleb .
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 book asserts that a "Black Swan" event depends on the observer: for example, what may be a Black Swan surprise for a turkey is not a Black Swan surprise for its butcher. Hence the objective should be to "avoid being the turkey", by identifying areas of vulnerability in order to "turn the Black Swans white".
If not more than one example can be found for a black swan event, this page should surely be removed. —Preceding unsigned comment added by 69.203.84.88 13:50, 2 April 2011 (UTC) The whole meaning of "black swan event" is an event that is unique or so infrequent that in human experience it is perceived as being unique.