Friday, February 25, 2011

About the Blog Name

A "black swan" event is a bad financial event no one anticipated.  A "white crow" is a good financial event no one anticipated. In statistics, these events are considered a standard deviation greater than 6 sigma.

A black swan is very rare. Most swans are white. Similarly, a black crow is very common. However the white crow is actually albino and comprise 1% of the population.

That's my amateur guess.

1 comment:

  1. I need to give credit where it is due. I read this article from and took my blog title from his reference. Find it here.