Cover for Stalking the Black Swan - Research and Decision Making in a World of Extreme Volatility

Stalking the Black Swan - Research and Decision Making in a World of Extreme Volatility

Kenneth A. Posner

Summary

In an environment marked by unpredictable shocks and volatility, understanding how to make sound decisions is more important than ever. Kenneth A. Posner’s work delves into the challenges that arise when rare, high-impact events—so-called "Black Swans"—threaten to upend assumptions, models, and the very foundations of risk management. Drawing from his extensive experience in financial analysis, Posner explores the limitations of traditional research and decision-making frameworks, offering readers a comprehensive guide to navigating uncertainty in volatile markets and beyond. The book is an essential read for anyone grappling with risk, from business leaders to policymakers and investors.