Black Swan Orange

Black Swan Opportunities

9 min · 20. sept. 2023
episode Black Swan Opportunities cover

Description

I’m thrilled to introduce the topic of Positive Black Swans, also known as Black Swan Opportunities.  Given that Black Swans are rare, unexpected, and unpredictable, we benefit by having a so-called healthy fear of the negative ones to help break us out of our usual daydream bubble of a mostly calm and predictable daily life.   We commonly refer to positive unexpected events and situations as opportunities. In fact, Taleb talks quite a bit about such opportunities, what he calls Positive Black Swans.  He writes, "Seize any opportunity or anything that looks like opportunity. They are rare, much rarer than you think." Now, Nassim Taleb is not the only smart and wealthy guy who believes and advocates this strategy.  Warren Buffett developed 7 rules of investing. Rule Number 7 is: “Big opportunities have to be seized. You have to grab them when they come because you’re not going to get 500 great opportunities.”

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9 episodes

episode Black Swan Opportunities artwork

Black Swan Opportunities

I’m thrilled to introduce the topic of Positive Black Swans, also known as Black Swan Opportunities.  Given that Black Swans are rare, unexpected, and unpredictable, we benefit by having a so-called healthy fear of the negative ones to help break us out of our usual daydream bubble of a mostly calm and predictable daily life.   We commonly refer to positive unexpected events and situations as opportunities. In fact, Taleb talks quite a bit about such opportunities, what he calls Positive Black Swans.  He writes, "Seize any opportunity or anything that looks like opportunity. They are rare, much rarer than you think." Now, Nassim Taleb is not the only smart and wealthy guy who believes and advocates this strategy.  Warren Buffett developed 7 rules of investing. Rule Number 7 is: “Big opportunities have to be seized. You have to grab them when they come because you’re not going to get 500 great opportunities.”

20. sept. 20239 min