Our research suggests that certain non-cyclical, non-linear, long-term risks are actually predicable ‘white swans’. They are left in the dark by the ‘low beams’ of financial analysis that focus on the next 1-5 years.
Academic literature calls ‘Black swans’ financial risks that are unpredictable.
Our research suggests that certain non-cyclical, non-linear, long-term risks are actually predicable ‘white swans’. They are left in the dark by the ‘low beams’ of financial analysis that focus on the next 1-5 years.