The Theory of Black Swan Events

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When sparks meet
In the randomness of space
Time skips a beat
Alters the cosmic dance

When sparks collide
Unlikely as it seems
New life is born from the void
Universe expands outside it's shell

When sparks coincide
In the interval where all is possible
We catch a glimpse of a preview
Of what it's like to be truely Limitless


"What we call here a Black Swan (and capitalize it) is an event with the following three attributes.

First, it is an outlier, as it lies outside the realm of regular expectations, because nothing in the past can convincingly point to its possibility. Second, it carries an extreme 'impact'. Third, in spite of its outlier status, human nature makes us concoct explanations for its occurrence after the fact, making it explainable and predictable.

I stop and summarize the triplet: rarity, extreme 'impact', and retrospective (though not prospective) predictability. A small number of Black Swans explains almost everything in our world, from the success of ideas and religions, to the dynamics of historical events, to elements of our own personal lives."

Nassim Nicholas Taleb

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