Gosh, you can see that Black Swan comin’ a mile away! I expect it to hit next year! Everyone is talking about it! Even the mainstream media is focused on it!
— Said someone who isn’t rerally clear on the nature of a “Black Swan”
I think it was a movie
People just like saying “Black Swan.’
It’s a really mean Clymer with a can of black spray paint and a white swan.
The term was popularized by former Wall Street trader Nassim Nicholas Taleb, who wrote about the concept in his 2001 book Fooled by Randomness.
Black swan events are characterized by their extreme rarity, severe impact, and widespread insistence that they were obvious in hindsight. They can be classified as positive or negative black swan events and can have profound influences on history and shape the course of events.
Let's pray it is a positive one. 🙂