You may have heard this term a lot recently in regards to COVID-19 (aka Coronavirus). It has an important meaning for you personally. The Term “Black Swan event" has been around on some level for Hundreds of years. No not the Natalie Portman movie about ballet.
It is used to refer to a very rare occurrence, usually financial. It was popularized in the book "The Black Swan: The Impact of the Highly Improbable" by Nassim Nicholas Taleb in 2007. Ironically released just before The 2008 Global Financial Crisis. Taleb defines a Black Swan as: “an outlier, as it lies outside the realm of regular expectations, because nothing in the past can convincingly point to its possibility. It carries an extreme 'impact.' In spite of its outlier status, human nature makes us concoct explanations for its occurrence after the fact, making it explainable and predictable." Or in simple terms a Black Swan event is:
Some Black Swan events in recent history have been The 2008 Global Financial Crisis, The 9/11 Attacks, and at least so far, it certainly seems fitting as a description for the widespread effects of the Coronavirus. The fascinating thing is that the way to deal with a Black Swan event, is not to try to necessarily expect it. Rather, the best policy is to be as robust as possible so that you can weather it. Financially or otherwise. Now while a Black Swan may all sound like doom and gloom there are in fact some very positive aspects to such events that create opportunity! Black Swan events do two postive things:
Interestingly enough back in the market crash of 1987 Taleb was an Options Trader on the Stock Market. That day he became very successful by profiting on shares that usually would be unattractive but in a widely volatile market became quite profitable. How does all this affect you? Why is a Coach and Founder of a company called Dark Horse Sports talking about a Black Swan? One word: Coronavirus COVID-19 has massively affected my life and yours. It’s affecting our social life, economic life, and… Toilet paper for some reason. Who thought hand sanitizer would become liquid gold! Yeah we know its big, bad, and moves fast. But what do we do about it? We treat it as a Black Swan. Coronavirus was unexpected. It has impacted our lives. But it can bring about some positive changes and opportunities. When was the last time you were so keenly aware of your immune system? Aren't you much more conscience about improving your health? Even if social distancing and mandatory shutdowns have affected your job and life, you also have the opportunity to improve aspects of your self that before you may have just not had time for. For many, it has become a forced reset. A chance to see that health, family, helping the community are really the things that matter in life. We don’t like Black Swan events. We would never wish for COVID19 to happen. But it’s here. It happened. We can either live through it or we can rise to the occasion and become better for it! Each and every one of us has the opportunity to take this time to get better. To become the best version of ourselves. The version that perhaps we were to busy to become before. Here at Dark Horse Sports LLC, we care about your health and well-being, both immediately and in the long term! Proper exercise and nutrition can be an important protection for safe mental, emotional, and physical health. That’s why starting Monday 3/23/20 We are going to open up a new “Black Swan” Plan. It is specifically for men & women who want to gain confidence in their bodies, in their health, and in their performance. People who want to start SEEING results in the mirror. Even if they are working out at home because of COVID19. No gym no problem. It’s a remote program, so you can join from anywhere in the world. We know that these are financially hard times for many. So we will offer this at a HUGE DISCOUNT! Information regarding fitness can be very confusing. You want simple actionable information. So to roll out our new Black Swan initiative, starting this Monday 3/23/20 we will share on social media some very simple and straight forward training and nutrition tips on:
During these Black Swan events, and especially so with Coronavirus, it's important not to give in to fear and despair. Take the opportunity to Turn this Black Swan into a Dark Horse! Cheers! - Coach Nino References: https://theweek.com/articles/900400/coronavirus-really-black-swan-event https://www.inc.com/heather-r-morgan/why-coronavirus-is-a-black-swan-event-we-might-actually-need.html https://corporatefinanceinstitute.com/resources/knowledge/finance/black-swan-event/ https://www.plasticsnews.com/blog/kickstart-not-kind-black-swan
2 Comments
1/28/2021 08:05:57 pm
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6/25/2021 05:35:33 am
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