Black Swan Event - BMW Luxury Touring Community
 
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post #1 of 3 Old Oct 30th, 2008, 8:26 pm Thread Starter
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Black Swan Event

I heard the term several times lately and started to look into it. Very interesting and timely. In history what will be our Black Swan event? The financial crisis and bail-out or the election of Barrack H. Obama... if that happens?

http://en.wikipedia.org/wiki/Black_swan_theory

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post #2 of 3 Old Oct 30th, 2008, 9:19 pm
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Re: Black Swan Event

Ah, a vivid description of the life I inhabit.



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post #3 of 3 Old Nov 3rd, 2008, 1:30 am
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Re: Black Swan Event

Quote:
Originally Posted by Wolfgang
I heard the term several times lately and started to look into it. Very interesting and timely. In history what will be our Black Swan event? The financial crisis and bail-out or the election of Barrack H. Obama... if that happens?....
"The black swan theory refers to a large-impact, hard-to-predict, and rare event beyond the realm of normal expectations."

I can't see the election of "THE Messiah" fitting the theory. People clearly want cradle-to-crave socialism in ever increasing numbers. So it's NOT hard to predict, rare or unexpected.

"Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." (Some really OLD friggin' White dude who couldn't have possibly known what he was talking about!) WARNING: Official HATE speech!
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