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To: Usagi_yo
Donald Rumsfeld caught a lot of flak about his known knowns, known unknowns and unknown unknowns remark, back in the Bush administration era.

While it may have sounded somewhat awkward to laymen (for whom it was actually intended), it was an attempt to lay out a basic grid for threat assessment. Unknown unknowns would be a Black Swan event.

No way to prepare, no way of really even knowing what hit you until you're well into the event or problem. Blindsided by something you couldn't even envision prior, more or less.

28 posted on 07/16/2013 7:39:48 PM PDT by RegulatorCountry
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To: RegulatorCountry

Yes...the Black Swan. Gotta hand it to the person who coined that phrase. Perfect.


30 posted on 07/16/2013 7:43:22 PM PDT by Blackirish (Forward Comrades!!!!!!!!!)
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