They’re events with a low probability of occurrence Here are the components of Nassim Taleb’s black swan theory. Events that knock us sideways, shake the ground under our feet, and for which we don’t always have the resources to cope. Indeed, both the large public stages and the most private and personal spheres are conditioned by these kinds of events. That’s because it can’t be denied that the day-to-day is marked by those events that happen unexpectedly. However, since the publication of his work, many areas have started to integrate his theory. His proposal is focused on the world of markets and economic investments. It concerns the fact that the world is greatly affected by rare events that are difficult to predict. Lebanese essayist Nassim Taleb first introduced black swan theory in his book The Black Swan: The Impact Of The Highly Improbable, in 2008. However, any expert in economic risks is very aware of this metaphor in daily life. When you hear the term black swan, you may well think of the 2010 psychological horror movie starring Natalie Portman with the same name. He states that we should be mindful that the unexpected is always around the corner and that we must be prepared for it. However, figures like Nassim Taleb encourage us to become aware of this. In fact, we leave no room for chaos, the possibility of disaster, or a 180º change. This is probably why we tend to get into a routine and we take it for granted that the stability of today will continue tomorrow. In fact, our brains don’t tolerate change, uncertainty, and unexpected events particularly well. If there’s one thing that we, as humans, tend to cling to, it’s stability. Indeed, they’re the kind of dynamics that nobody likes. They disturb, surprise, and cause us to lose our balance. We experience continual crises yet never seem to be prepared for them. Undoubtedly, we’re living in unpredictable times. In fact, many people agree that we’re living through a period that’s more than adequately represented by this theory. Nassim Taleb’s black swan theory defines many of these phenomena that have, without a doubt, upset our personal, psychological, economic, and political balance.

The black swan nassim