Archive | April, 2014

Black Swans or Paradigm Blindness?

Nassim Taleb first coined the term “Black Swan event” in his book Fooled by Randomness in 2001. He used it as a metaphor to describe events that come as a surprise, have a major effect, and are often rationalized after the fact as having been predictable with the benefit of hindsight. His second book, The […]

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