What is absent from the data should be taken into account—absence of Black Swans in the record doesn’t mean these were not there. By Nassim Nicholas Taleb Black swan, Business, Data, Entrepreneurs, Wise
Given the number of people trying to get on the money-making bus, there is a progressive accumulation of Black Swan risks in such systems. Then, boom, the systemic blowup happens. By Nassim Nicholas Taleb Black swan, Business, Failure, Money, Risk
