Review Note

Black Swan Event (s)

Black swan events are rare, unpredictable, and highly impactful occurrences that have a significant effect on society, markets, or other systems. These events are typically outside the realm of normal expectations and are often only understood in hindsight.

Black Swan events are also reffered to as "perfect storms" and is used as metaphors for rare and unthinkable events that challange risk analysis and management, due to uncertainties of risk society :P