Monday, November 03, 2008

Black Swan, Written by:Nassim Nicholas Taleb

A Book that could change your life

The Black Swan is a book about the impact of extreme events on the world and the financial markets. Mr. Taleb told the WSJ that investors often ignore the risk of extreme moves in the market. "Black Swan," alludes to the belief, that all swans are white -- a notion that was proven wrong when explorers discovered rare, black swans. Therefore, a black-swan event is something that is highly unexpected.
(see - http://www.StreetInsider.com,  Insiders' Edge Newsletter 11-03-08)

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