What is a Black Swan Event?

I got a lot of great feedback on my post about protecting yourself from Black Swan events, but numerous people asked me to better define what a Black Swan was and to provide some examples. A Black Swan is simply an event that you never could have predicted that causes catastrophic damage.  Even when something … Continue reading What is a Black Swan Event?

Black Swan Events – Are You Protected?

A lot of people are familiar with the idea of the “Black Swan” event, quite simply an event that is near impossible to predict and has catastrophic results.  Oftentimes, after a Black Swan event we mistakenly believe it was easier to predict than it actually was and over time dismiss its significance.  After a Black … Continue reading Black Swan Events – Are You Protected?