5 ms·

They might mean a swan that is black on one side but white on the other, i.e. gives the appearance of being an extremely rare or a very common event, while in f

by valvar 9y ago

They might mean a swan that is black on one side but white on the other, i.e. gives the appearance of being an extremely rare or a very common event, while in fact being the opposite.

concerto 9y ago
Surely that's even more rare than a black swan?
- sdfadfa 9y ago
  Lol Ironically, a black swan isn't really at all - just unknown. Which really is Taleb's point: black swans aren't as rare as they are priced to be.