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A black swan (Cygnus atratus) in Australia. The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The term is based on a Latin expression which presumed that black swans did ...
The Roman satirist Juvenal wrote in AD 82 of rara avis in terris nigroque simillima cygno ("a rare bird in the lands, and very like a black swan"). [6] He meant something whose rarity would compare with that of a black swan, or in other words, as a black swan was not thought to exist, neither did the supposed characteristics of the "rare bird" with which it was being compared.
Taleb criticized risk management methods used by the finance industry and warned about financial crises, subsequently profiting from the Black Monday (1987) and the 2007–2008 financial crisis. [6] He advocates what he calls a "black swan robust" society, meaning a society that can withstand difficult-to-predict events. [7]
"Black Swan" is a song by South Korean boy band BTS from their fourth Korean-language studio album, Map of the Soul: 7 (2020). The song was written by RM , August Rigo , Vince Nantes, Clyde Kelly and Pdogg , with the latter of the five also handling production.
The Black Swan: The Impact of the Highly Improbable is a 2007 book by Nassim Nicholas Taleb, who is a former options trader. The book focuses on the extreme impact of rare and unpredictable outlier events—and the human tendency to find simplistic explanations for these events, retrospectively.
ARY Digital, formerly known as The Pakistani Channel, was launched in the United Kingdom on 16th September 2000 to cater to the Pakistani community living in the region. [ citation needed ] It uses Samacom, an uplink provider based in the UAE, as the uplink teleport station. [ 1 ]
Download as PDF; Printable version; In other projects Wikidata item; ... This is a list of Urdu-language television channels in Pakistan, India and the rest of the ...
A grey swan is an event that is known and possible to happen, but which is assumed to be unlikely to occur. [1] The term derives from black swan theory, which describes an event which is unlikely but unknown. [1] In electrical engineering, gray swan refers to the kind of events that rarely happens but have great impact on power systems. [2]