With the recent fast stock market correction let’s look at the definition of a black swan event and see if the Coronavirus Correction week fits the parameters. A black swan is an event that was unpredictable and far outside normal expectations. People didn’t expect the Dow Jones Industrial Average in just ten trading days to go …
Was the Coronavirus Correction a Black Swan Event? Read More »
Trader and author Nassim Nicholas Taleb created the black swan theory of events as a metaphor to name an event that happens far outside the normal distribution of deviations from the mean and looks like a fat tail outside a normal bell curve. The term comes from how people thought all swans were white until …
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In this video you’ll learn about black swan theory, which the famous author and quant trader Nassim Taleb made popular. Once you …
