Tag Archives: a herd of grey swans

Several of the Grey Swans Itemized in February 2012 Have Materialized in the Last Twelve Months

http://amarginofsafety.com/2012/02/24/a-herd-of-grey-swans/ Check out: #5: Unrest as Iran develops a nuclear weapon (almost there); #6: A Chinese economic implosion; #8: Public sector retirement default (Puerto Rico is closing in); #9: Significant unrest in the Muslim world due to US withdrawal (Benghazi, ISIS, etc.); … Continue reading

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An Unusually Large Herd of Grey Swans

Events that can have a significant impact on the economy and capital markets have become known as swans of various shades thanks largely to Nassim Taleb’s book, The Black Swan, in which Taleb reminded us of Karl Popper’s criticism of … Continue reading

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