Black Swan

In Ancient Rome, black swans were thought to not exist, and was usually used as a term to refer to things that are impossible.

But in 1697, Dutch explorers became the first europeans to see black swans when they first discovered them in Australia.

Black Swan Theory teaches us to consider the things that we don’t know that we don’t know.

These are different from things we know— the known knowns, and things we know we don’t know— or the known unknowns.

Black swans are the unknown unknowns.

This theory challenges us, to challenge our preconceived notions.

To look beyond the expected probabilities, and to watch out for things that could happwn without us even knowing they could.

(Based on the BLACK SWAN THEORY by Nassim Taleb)