Saturday, March 19, 2011

2011: The Year of the Black Swan

Free Elections in EgyptNuclear Fallout in Japan. 













These are two Black Swan events by Nassim Taleb's definition.
In my book, a Black Swan is something either too unlikely or terrible to contemplate, or an event that arises for completely unexpected reasons. No one expected something as seemingly  innocuous as Facebook and Twitter to ignite the fires of revolution,  and no one seriously expected  a Tsunami to cause a nuclear reactor meltdown.  What will be next? By definition, you don't know.

Via CNN. com

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