black swans

Dark elegant waterfowl

Black swans are swans with black plumage, native to Australia.

Before European exploration discovered them, "black swan" meant something impossible—all known swans were white.

This reversal gave rise to the modern figurative sense: a black swan is an unpredictable, high-impact event that seems obvious only in hindsight.

The 2008 financial crisis was a black swan.

Related

once in a lifetime · cygnet · wonders · paradigm shift · prodigies · improbability · impossible odds · unpredictable · out of nowhere · animals · curiosities · rare birds · feathers · anomaly · regional myths · wild card · financial modeling · risk management

Categories
Opposites
predictability and frequency of events

black swansbusiness as usual

Continuation of normal routine

standard deviations · known unknowns

impact magnitude

black swansnoise

Unwanted auditory disturbance

non-events · rounding errors · blips

literal ornithology (bird coloration)

black swansmute swans

White waterfowl, actually vocal

trumpeter swans

Family

black, swan, blacks, swans, blacken, blackened, blackening, blackness, blacker

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G