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What a Black Swan Event Actually Means

Original: A Black Swan Event is an occurence that is unlikely, unexpected, and carries massive impact The phrase derives from the

Discussion is circulating about the term 'Black Swan Event', defined as an occurrence that is unlikely, unexpected, and carries massive impact. The phrase traces back to the Roman poet Juvenal, who used the black swan as a symbol of the impossible, since Romans had never seen one. That changed in 1697 when Dutch explorers found black swans in Australia. Some now suggest updating the metaphor entirely, proposing alternatives like a 'Green Star Event' for modern unpredictable shocks.

Why now: People are revisiting the term, likely in connection with some recent unexpected major event being labelled a black swan.

Black Swan EventJuvenalDutch explorersAustralia

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• A Black Swan Event is an occurence that is unlikely, unexpected, and carries massive impact The phrase derives from the Roman poet Juvenal. The Romans never saw a black swan But in 1697 Dutch explorers found some in Australia Maybe we should rename it a Green Star Event A green… · benroyce · 36

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