Taleb identifies three main characteristics of a Black Swan event. First, it is an outlier, i.e. it is so unusual that its possibility is unknown. Second, when it occurs, it has extreme consequences. Finally, despite its outlier status, explanations for the event are often formulated after the fact, creating the illusion of predictability in the future.
As we witness Black Swan events unfold and expect more on the horizon, it is important that we prepare ourselves psychologically and physically. The consequences of these events will undoubtedly shape our lives for years to come.
While many people approach these challenges with maturity, consideration and a sense of responsibility, there are unfortunately those who react in a self-serving juvenile manner, resorting to blame, judgement, violent retaliation and destruction.
One does not have to look far to observe this behaviour, especially among belligerent and self-centred politicians who often fail as role models when it comes to honest, fair and wise leadership.
We cannot wait for them to change.
We must be the change.
We can do this.
- Cedar