Buzzword Bingo: Black Swan
Black Swan

related: buzzword bingo

Black Swan = Unexpected event of a large magnitude

Recommended Listening

The Predictability of Unpredictability - Nassim Nicholas Taleb discusses his groundbreaking ideas and their relevance to the current economic crisis and national policy making.


black swans




Black swan event (in the modelling of future outcomes) a major event which is so improbable that it is not likely to be predicted.[coined by Lebanese-born statistician, Nassim Taleb, in The Black Swan (2007); from the idea that, prior to European contact with Australia, the only swans known in the rest of the world were white, and no-one envisaged the possibility of a black one]
source: macquarie dictionary

Recommended Reading

Nik Gowing, 'Skyful of Lies' and Black Swans (2009)

Skyful of Lies and Black Swans

The Black Swans of 2018