Ebola and Isis: Black Swans of the Apocalypse?

Ebola and Isis: Black Swans of the Apocalypse?: "The trouble with Black Swan events is that you need hindsight to identify them, by which time it's too late.



Black Swan theory was developed by Nassim Nicholas Taleb, a former Wall Street trader and risk analyst-turned academic philosopher. At the heart of the theory are so-called Black Swan events - unexpected happenings that seemingly come out of nowhere, but in retrospect, could have been predicted because there were unheeded signals."