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  • Are Black Swans Really Harmful to Ordinary Investors?

  • By: Dale C. Maley
  • Narrated by: Virtual Voice
  • Length: 31 mins

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Are Black Swans Really Harmful to Ordinary Investors?  By  cover art

Are Black Swans Really Harmful to Ordinary Investors?

By: Dale C. Maley
Narrated by: Virtual Voice
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Publisher's summary

Nassim Nicholas Taleb popularized the term Black Swan through his books and interviews. Taleb’s Black Swan Theory refers only to unexpected events of large magnitude and consequence and their dominant role in history. Such events, considered extreme outliers, collectively play vastly larger roles than regular occurrences. This short story explores whether or not Black Swan events are really important to Main Street investors versus Wall Street traders.

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