Debunking "Black Swan" Events of 2016

By Nikolai Kuznetsov, Contributor

We’ve seen a number of outlier events in 2016, but the experts predicted them poorly and are labeling them “black swans.” According to Nassim Taleb, black swan events are: highly unexpected for a given observer, carry large consequences, and are subjected to ex-post rationalization. From Trump winning the U.S. Presidential election […]

Source: http://www.forbes.com/entrepreneurs/feed/

Leave a Reply

Your email address will not be published. Required fields are marked *