Popularized by Nassim Nicholas Taleb in his 2007 book, "The Black Swan: The Impact of the Highly Improbable," the term has been used to describe a litany of market catastrophes such as the 2008 ...

(Bloomberg View) —In his 2007 book The Black Swan: The Impact of the Highly Improbable, finance writer Nassim Nicholas Taleb attempted to educate the public about the danger of rare, unusual events.

Source: The Black Swan: The Impact of the Highly Improbable 'Courage is the only virtue you cannot fake.' 'The difference between successful people and really successful people is that really ...

A "Black Swan" hedge fund that specializes in profiting from market shocks posted a 4,144% return last quarter thanks to the coronavirus sell-off. Mark Spitznagel, the chief of Universa ...

In complex systems, disaster is not the exception; it’s the destination. More and more, disasters are emergent properties of ...

defines ‘Black Swan moments’ as highly improbable events with significant impact that are often rationalised with hindsight. In 2008, the global financial meltdown, a Black Swan event that ...