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.
Boris Johnson has resigned as foreign secretary, claiming that the UK was headed „for the status of a colony“ if Theresa May’s soft Brexit plans […]
Chinese conglomerate HNA Group founder and Co-Chairman Wang Jian died during a business trip in France on July 3. The local police said it appeared […]
Sweden will send out instructions to its 4.8 Million citizens next week on how to cope with an outbreak of war. The 20-page brochure titled […]
Sturm Ruger shareholders approved a proposal from a coalition of religious women and health care networks that Ruger had for weeks urged investors to reject. […]
Deutsche Bank accidentally sent $35 Billion to an exchange as part of its daily dealings in derivatives, according to a person familiar with the matter. […]
In 2015 Forbes named Elizabeth Holmes (32), the founder of blood testing company Theranos, as the world’s youngest self-made female billionaire. But now her wealth […]
It has become a favorite pastime among investors and company executives to speculate: who will be the first trillion-dollar company? During the dot-com-crazed 1990s, Cisco […]
A unicorn is a private startup technology firm valued at $1 billion or more. Once rare, such companies have proliferated in the last few years. […]
„There’s likely to be another Dark Ages,” Elon Musk (SpaceX) said in an interview at South by Southwest in Austin. The three most important global […]
The World Health Organisation (WHO) has put scientists and health workers around the globe on alert for a new and potentially deadly pathogen – Disease […]
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