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Black duck: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{a|devil|}}{{dpn|/blæk/ /dʌk/|n|}} An event that: (a) Carries an extreme impact (b) Is highly amenable to post-facto, wise-after-the-event rationalisation, especially by p...") |
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An event that: | An event that: | ||
:a) Carries an extreme impact | |||
(b) Is highly amenable to post-facto, wise-after-the-event rationalisation, especially by politicians, regulators and senior executives to whose subordinates the event happens | :(b) Is highly amenable to post-facto, wise-after-the-event rationalisation, especially by politicians, regulators and senior executives to whose subordinates the event happens | ||
(c) Lies outside the subject’s ''actual'' expectations, whether or not those expectations were sensible or reasonable. | :(c) Lies outside the subject’s ''actual'' expectations, whether or not those expectations were sensible or reasonable. | ||
From a company executive’s perspective, black ''ducks'' are like [[Black swan|black ''swans'']] — exactly the same in fact — only they are easier for people on [[Twitter]] to be judgmental about. | From a company executive’s perspective, black ''ducks'' are like [[Black swan|black ''swans'']] — exactly the same in fact — only they are easier for people on [[Twitter]] to be judgmental about. | ||
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Subtle, but important intellectual distinction even though it has no practical influence on the lived experience of (a) taxpayers or (b) [[subject matter expert]]s. | Subtle, but important intellectual distinction even though it has no practical influence on the lived experience of (a) taxpayers or (b) [[subject matter expert]]s. | ||
So, black swans: The collapse of the Soviet Union, 9/11, | So, black swans: The collapse of the Soviet Union, 9/11, the internet, [[GameStop]]. | ||
''Not'' black swans: [[Covid-19]], the [[Global Financial Crisis]], the Invasion of Ukraine, Archegos, [[Cryptocurrency]] fraud, [[SVB|SVB Memeplex]]. | |||
{{Sa}} | {{Sa}} | ||
*[[Black swan]] | *[[Black swan]] | ||