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by nostrademons
3303 days ago
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Problem is that it's virtually impossible to estimate the probability of a black-swan event, since, by definition, they are events that have never happened before and nobody has foreseen them possibly happening. A priori, your probability is zero, and yet they happen anyway. We can be fairly certain that something unexpected will happen in the future, but predicting what that something is or with what likelihood it will occur is still the domain of fortune-tellers. |
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