Black Swans
Nassim Taleb’s 2007 book, The Black Swan, has been a sensation and has spawned much controversy and discussion.
For some lively discussion of his book try: ERMBooks
On April 7 2009, the Financial Times published an article written by Nassim Taleb called Ten Principles for a Black Swan Free World. Riskviews has provided discussion of each of the 10 suggestions:
In the risk management world, Black Swans are also referred to as Emerging Risks. A random collection of materials about a variety of Emerging risks can be found at http://groups.google.com/group/inarm-emerging-risks/web?hl=en
In addition, there is a LinkedIn Emerging Risks group that is a subgroup of the LinkedIn INARM group.
Each of these Emerging Risks sites contains links to numerous other resources.
April 16, 2011 at 4:46 pm
[…] were risk premiums for taking very large risks that were “in the dark“. According to Taleb, they were being massively underpaid for those large but infrequent […]
August 19, 2010 at 9:20 am
[…] the Black Swan, Nassim Taleb talks about the degree to which businesses are in effect selling out of the money […]
November 26, 2009 at 10:55 pm
The Black Swan Test is a post about a way of developing and communicating stress tests.
http://wp.me/pevO4-5t