By Ken Jorgustin – Modern Survival Blog
What is a Black Swan event?
You’ve probably heard the phrase before – ‘Black Swan’. But what is it?
It is an event that (especially today) you should comprehend, because it could be the one that might ‘bring it all down’…
A Black Swan event:
1. It is a surprise – an aberration – outside of regular expectations.
2. It has severe and extreme impact.
After it has occurred, we tend to explain that it was predictable – but only ‘after the fact’…