Yes, Black swan is an event that happened beyond expectations and caused a stir in the financial markets. It’s just not all horrendous or shocking events can be said as black swan.
Based on the theory, there are at least three conditions an event is said to be a black swan, the event is likely to be low, has a major impact on world financial markets, and if such events occur, then many dailyinvestnews will begin to notice and predict the possibility of happening again.
The Origin of Black Swan
If translated in Indonesian, “Black swan” means black swan. This term first appeared in the 17th century due to the assumption of European society that assumes if all swans are white. In fact there are also geese that are black, just life in the wild. This is what makes Black swan used as a symbol of something wild and unpredictable.
In 2007, Black Swan was re-popularized by a former Wall Street trader who turned the profession to a book author named Nassim Nicholas Taleb. He introduced Black swan through a book titled “The Black swan” which he wrote himself and published in 2007. He thinks all the events that …