"The Black Swan" (by Nassim Nicholas Taleb)

"The Black Swan" by Nassim Nicholas Taleb refers to rare, unpredictable events that have massive impacts and are often rationalized after they occur. These events are beyond normal expectations, like financial crashes or groundbreaking discoveries. Our brains tend to underestimate their likelihood and overlook their potential significance. Recognizing Black Swans helps us build resilience, understand uncertainty, and avoid overconfidence in predictions. The concept emphasizes that the most impactful events are often unforeseen, challenging traditional thinking about risk and prediction in complex systems.