A literal black swan

Nassim Taleb popularized the phrase black swan in his book by that name. Taleb uses a black swan as a metaphor for rare events with significant impact. Europeans assumed that all swans were white until explorers reached Australia and saw black swans.

I took this photo at Albert Park in Melbourne this morning.

Related posts:

Black swan talk
Titanic effect

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5 comments on “A literal black swan
  1. Will Morris says:

    In case anyone is wondering what is going on with the collar…
    http://www.myswan.org.au

  2. Brady says:

    Clearly man made. I can see the label.

  3. Pseudonym says:

    I think it was Terry Pratchett who pointed out that black swans are just as useful as white ones.

  4. John Fields says:

    I second the recommendation on the book.

  5. Black Swan often refers to an event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult to predict: however which would have a major impact.