SYND 29 6 77 REBEL CATHOLIC LEFEBVRE ORDAINS FOURTEEN PRIESTS

The video introduces the concept of a Black Swan event, which is an unpredictable or unforeseen event, typically one with extreme consequences. The term is used to describe events that are rare and have a significant impact, challenging the assumptions of predictability in various fields.

What is a key characteristic of a Black Swan event?

• It occurs frequently.

• It is predictable and expected.

• It is always positive.

• It has a significant impact and is rare.

Which of the following is an example of a Black Swan event?

• A regular stock market fluctuation.

• A planned technological advancement.

• A seasonal weather change.

• A sudden and unexpected financial crisis.

Why are Black Swan events challenging to predict?

• They follow a predictable pattern.

• They are based on historical data.

• They defy conventional expectations and are rare.

• They occur at regular intervals.

How do Black Swan events affect conventional thinking?

• They challenge and change existing paradigms.

• They reinforce existing beliefs.

• They are easily integrated into current models.

• They have no impact on current theories.

What is the main reason Black Swan events are significant?

• They are easily anticipated.

• They have minimal impact.

• They cause major disruptions and are unforeseen.

• They occur regularly.