Black swans or to be precise, living with them is an interesting discussion that Nassim Taleb and Richard Herring have captured and published on the internet.
There are some valid and fascinating points from this chit-chat that I believe are worthy of embellishment and that is what I have taken to do here in this post.
To read more, please follow this link
Comments
Syed,
Exactly - We don't know how big these tails might become which is why we should build optionality in outcome horizons.