Black Swan
By Barry Ritholtz - December 12th, 2008, 9:39AM
Thank goodness they are fictional!
Tweet
Facebook
Reddit
Digg this!
Comments
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
December 12th, 2008 at 10:34 am
I’ve never understood the use of the term “Black Swan” to describe an improbable event. Black swans, Cygnus atratus, are common in Australia and also in New Zealand as an introduced population.
December 12th, 2008 at 11:09 am
Here you are :
http://tinyurl.com/6rpd8x
December 12th, 2008 at 11:10 am
Beaker, back before Westerners came to Australia and Oceania, there was an old assumption based on the observation in Europe and the ‘discovered world’ that only saw white swans. This led to the assumption that all swans were white. Until they saw black swans in Australia and Oceania. This constituted a rare event that nobody else had seen, or predicted, and hence the ‘Black Swan.’
December 12th, 2008 at 12:34 pm
Go about your business. These are not the droids you’re looking for. Market green and none of my buy orders got triggered except my GLW put sell.
Amazing!
December 13th, 2008 at 11:01 pm
Incorrect. A SWAN is a System Wide Integrated Network. It is a fully-hyphenated “White Swan” under most circumstances, but if blackened becomes a Focally-Unhyphenated Low Level Offline Fully Semi-Hyphenated Integrated Topology.