Tuesday, March 15, 2011

A classic black swan

On March 19, the moon will swing around Earth more closely than it has in the past 18 years....

I don't know if that caused the earthquake and tsunami in Japan. Here's another point-of-view article.
But my point is that no one was hedging their bets on this one. I was thinking the problems would come from China, the Middle East or Europe. Not Japan. And that is the classic definition of a black swan. No one predicted this disaster.

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