[1vuio0pswjnm7]

Fact or fiction: Someone once told me that the only black swans are found in New Zealand and before people from around the world started travelling there, for the rest of the world, there was no such thing as a black swan. If this is true, then it would seem the term "black swan" has been given a new meaning, namely a "rare" event, as opposed to some thing that people had not yet witnessed. Surely, this is fiction and Taleb is an expert on swans.

[regularfry]

Australia, but yes, this is fact. They weren't known outside Australia before 1697.

And you're right about the term: a true "black swan" event is one that is so unpredictable from the prior history that it's just not included in models of the future. It's not just "rare".

[anothernewdude]

Black swans are Australian. New Zealand has blue ducks, but not for long.

[hathchip]

Taleb explains this in his eponymous book.

[ehnto]

Maybe I am missing the joke, but there are Black Swans outside of NZ.