Difference between revisions of "Black swan"

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*[http://lesswrong.com/lw/hy/riskfree_bonds_arent/ Risk-Free Bonds Aren't] by [[Eliezer Yudkowsky]]
 
*[http://lesswrong.com/lw/hy/riskfree_bonds_arent/ Risk-Free Bonds Aren't] by [[Eliezer Yudkowsky]]
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*[http://www.overcomingbias.com/2008/09/white-swans-p-1.html White Swans Painted Black] by [[Peter McCluskey]]
  
 
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[[Category:Concepts]]
 
[[Category:Concepts]]

Revision as of 10:23, 24 June 2009

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A black swan is an event that is hard to predict and has enormous impact. Also, an event that is not accounted for in a model, and therefore causes the model to break down when it occurs.

Blog posts