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#Blackswan

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DrBob, Neurologist, 🧠Mechanic

Did Trump’s tariffs cause a Black Swan event!

Black Swan events are characterized by unpredictability (rare, unforeseen); massive impact (significant disruption or transformation in a market); and in retrospect is often predictable.

- His massive tariff move was not predictable.
- This action has had a massive impact
- And in retrospect, was predictable!

#blackswan #tariffs #stockmarket #recession
secondopinion.media/p/a-look-a

A black swan with a red bill is depicted above a red caduceus symbol, set against a cloudy, dark background. The caduceus features two snakes entwined around a staff, with wings extending from the top.
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1337 $#!+ I did that

So I hear talk of black swan events and the 1987 market crash comes up? It was a correction. Sorry. #greatrecession and #covid were real. I was young in 1987, worked with elders (a senior living apartment place) and they were actually reliving 1929 with TRAUMA, not so much because they were there more than kids in 1929, but more that they lived a *dramatic* history marked by that event. IT WAS HEAVY! We are in the FO phase of another now, that much is clear. #blackswan #trump #tariffs #tradewar

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WIST Quotations

A quotation from Nassim Nicholas Taleb

I don’t particularly care about the usual. If you want to get an idea of a friend’s temperament, ethics, and personal elegance, you need to look at him under the tests of severe circumstances, not under the regular rosy glow of daily life. Can you assess the danger a criminal poses by examining only what he does on an ordinary day? Can we understand health without considering wild diseases and epidemics? Indeed the normal is often irrelevant.

Nassim Nicholas Taleb (b. 1960) Lebanese-American essayist, statistician, risk analyst, aphorist
The Black Swan, Introduction (2007)

Sourcing, notes: wist.info/taleb-nassim-nichola…

#quote#quotes#quotation
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