Is COVID-19 a Black Swan Event? Let’s Do the Math
Risk & Insurance - May 26, 2020
You may be tired of hearing about anything COVID-19 related. But despite many valiant efforts, an important question remains: Is COVID-19 a “black swan?” We must begin by defining a a “black swan” event. The concept was first coined by Nassim Taleb in his book The Black Swan. According to Taleb, a b...
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