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Daily Archives: May 21, 2020

may 21 COVID-19 Update

Black Swans and managing risk

News, Portfolio ManagementBy laferlagroupMay 21, 2020

I keep a book on my desk at our office called “The Black Swan – The Impact of the Highly Improbable” by Nassim Talib. A Black Swan is defined as an unpredictable or unforeseen event, typically one with extreme consequences. I keep it there to remind myself that the future is uncertain regardless of how…

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