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Black Swans and our portfolio

April 28, 2009

By Keith Fitz-Gerald

** Black Swans and our portfolio In his recent book “The Black Swan” author Nassim Nicholas Taleb discusses the idea that, in life, there can be large impact, hard-to-predict, rare events that are beyond the realm of normal expectations. The idea is simple -we typically assume that all swans are white but there [...]