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What a Black Swan Event actually means

Original: A Black Swan Event describes an occurence that is extremely unlikely but carries massive impacts The phrase comes from t

A Black Swan Event is an occurrence that is extremely unlikely but carries massive impacts. The phrase traces back to the Romans, who believed black swans did not exist, until Dutch explorers spotted real ones in Australia in 1697. The popular term, widely used in risk analysis and finance, has resurfaced as people discuss improbable shocks.

Why now: People are revisiting the term amid talk of rare, high-impact events.

Black Swan EventDutch explorersAustralia

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• A Black Swan Event describes an occurence that is extremely unlikely but carries massive impacts The phrase comes from the Romans. They never saw one But in 1697 Dutch explorers found some. They live in Australia Maybe we should rename it a Green Star Event A green star is… · benroyce · 9

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