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The Black Swan

John Robb:

Nassim Taleb, a scientist-philosopher-businessman, makes the case that 9/11 was a black swan. A black swan is a unpredictable event that defies prediction. An outlier. I agree. He expands: “A vicious black swan has an additional elusive property: its very unexpectedness helps create the conditions for it to occur. Had a terrorist attack been a conceivable risk on Sept. 10, 2001, it would likely not have happened.”

Published in researchmaterial