UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: haywool Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 46837  
Subject: Looming Black Swan ... Date: 12/8/2012 5:01 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 2
Hey all !

Published written articles, TV shows, radio shows, analysts galore, many of the Foolish boards, are concerned with the "fiscal cliff". Even dividend paying companies are paying ahead on their dividends in order to "help the stock holder" with his/her looming tax problems. Talk has it that, unless something is done (what would that be?), this fiscal cliff could put us into a recession ... could really jeopardize the global economy ... could kill the stock market ... etc.

Personally, I think not much of what we think will happen, will actually happen.

My question, and possible fear, is: What is the Black Swan that is related to all of this that we don't see coming?

In Talib's book, The Black Swan, he says that most Black Swan events are NOT foreseen by most people and they are, therefore, unprepared for it.

Any one see any Black Swans coming?

Rich (haywool)
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement