Yesterday I wrote about a white paper “Black Swans Turn Grey” from PwC. Here’s a footnote to that post. I had a good chuckle when I read about these “new black swan risks”. The authors suggest that all these unknown unknowns and unpredictable events are happening more frequently these days. This of course is not true. We are seeing the same sort of thing in the NHL with respect to concussions. For the longest time players have been getting concussions; the only difference is that now more players, coaches and people in the media are paying attention to them.…
Risk Management from Everyone. Everywhere. ®
