The black swan theory is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight. The theory was developed by Nassim Nicholas Taleb.
Donald Trump got the last laugh. From the moment he announced his long-shot presidential bid on June 16, 2015, political experts dismissed his chances. But […]
The British pound plunged more than 6 per cent to $1.1841 in two minutes (06.10.2016) hitting a new 31-year low against the US dollar in […]
Zwei riesige Blasen teils geschmolzenen Gesteins unter Afrika sowie unter dem Pazifik sorgen für Unruhe: Jeweils hundertmal größer als der Mount Everest, der höchste Berg […]
Nach über 28.000 Erkrankten und mehr als 11.000 Toten erklärt die WHO die westafrikanische Ebola-Epidemie für beendet. Erstmals wütete das Virus in den Siebzigerjahren in […]
Germany’s biggest lender, Deutsche Bank, accidentally sent $6bn to a client after entering the wrong numbers (June 2014)… According to the report a junior member […]
In just 20 minutes the New York Stock Exchange had witnessed it’s biggest stock plunge in decades. It was 6 May 2010, when the index […]
The landscape of mergers and acquisitions is littered with business flops, some catastrophic, highly visible disasters that were often hugely hyped before their eventual doom. […]
Japan avoided the biggest of all „fat finger“ meltdowns on Wednesday when an unidentified large stockbroker managed to cancel rogue trades worth more than ￡380bn. […]
Zuerst fürchteten wir die Tiere, die die Erde mit uns teilten. Dann, als unsere Macht wuchs, betrachteten wir sie als unseren Besitz, über den wir […]
Yesterday, the Twitter feed of the Associated Press told us that Barack Obama had been injured in an explosion at the White House. The tweet […]
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