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Why Black Swans?
It's a nice ref for small probabilities :/
>http:// www.eagleonetowanta.com/wp-content/uploads/2015/12/Chapter17-Wanta-Black-Swan-White-Hat-.pdf
thanks, I think black swan white hat is meant differently… The good guys are the black swans wearing the white hats. DJT election was considered a "black swan event." It's literally the ghost in the machine. You can't measure it. It's unexpected. But, powerful af.