Introduction to Black Swan Theory

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Ebook
25
Pages
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About this ebook

From 9/11 to the Recession of 2007, these are events that

have scared history and the United States of America. They

were unprecedented by the people of those days, yet, we look

back at those events and saw the impending signs of what was

to happen. Nassim Nicholas Taleb accounted for these events

and our perspectives today as the Black Swan Theory. Much

like how what seemed to be the norm and logical answer to

the question: “what’s the color of a swan?” and then baffled

by the discovery of black swans in Western Australia, people

did not see these events coming. In fact, they seemed to have

deluded, biased, believed that there was no way a war can

break out in a civilized world. That there will be no more

events matching the Great Depression and that nuclear war is

only a story in American fiction movies.

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