Showing posts with label stock market collapse. Show all posts
Showing posts with label stock market collapse. Show all posts
Thursday, February 21, 2008
What is Balck Swan?
* It is a term used to describe the stock market collapse. It was coined by Nassim Nicholas Taleb in his book “The Black Swan” to describe a large-impact, hard-to-predict and rare event beyond the realm of normal expectations.
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