Sentences with phrase «known black swan events»

The financial crash of the U.S. housing market during the 2008 crisis is one of the most recent and well - known black swan events as of 2017.

Not exact matches

«We don't know what the «black swan is,» he said, referring to an unexpected event.

We don't know whether this qualifies as a black swan event, but a drop of more than 4 % during a bull market is indeed very rare.

Black swans are catastrophic events that no one sees coming, while «grey swans,» as the are known, are extreme events for which there's no historical precedent, but that could still potentially be predicted.

The fact, three years on from when his book was written, this alleged black swan event hasn't happened and in fact multiple of the currencies he recommended as a «hedge» have tanked against the dollar (Canadian dollar) or have seen extreme swings (Australian dollar) tells you everything you need to know about this «hedge» strategy.

He wrote a terrific nonfiction bestseller last year, The Black Swan — the title is his term for a totally unexpected, utterly game - changing event, like 9/11 — that explored the importance of what we falsely think we know.

If it is the latter, however, the mere use of «black swans» to label their theory is confusing, to say the least, because the «black swan» example is a well - known metaphor used by Popper and other philosophers of science when explaining the occurrence of events that go against the predictions of well - established theories / laws.

I don't know what a Black Swan event would be, a new ice age, an astroid strike, a shut down of an ocean current...??? None of those has anything to do with the currant CAGW debate nor ar they anything that we can prepare for.