I believed most of you have heard of the term, Black Swan, popularized by Nassim Nicholas Taleb, a finance professor, writer and former Wall Street trader. If you are still clueless about the term, following is the proper definition by Investopedia:
"A black swan is an event or occurrence that deviates beyond what is normally expected of a situation and is extremely difficult to predict"
Today, I am going to share a cool and informative infographic from Call Levels, called 9 Black Swan Events That Changed The History Of Finance Forever.
With my young tenure in the stock market, the only black swan that affected me personally is the Oil Crises in 2014. What about you?
Cheers!
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| Source : Call Levels |
Cheers!
What about SARS pendemic?
ReplyDeleteProbably yes too, but maybe it'/ impacted industries might not be that wide
DeleteI am 78, u tell me how many of black swam get me blue black.LOL
ReplyDeleteHahaha, I guess enough black swans to turn you into blue and then black and then blue again lol
Deletehope DB wont be another one, but this round I sold 1/3 first, just to be safe.
ReplyDeleteYes, it might but I think you've made a wise choice to minimize your exposure!
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