Business

Black Swan Event: Definition and Examples

Written by MasterClass

Last updated: Oct 5, 2022 • 3 min read

Black swan events exist well outside the realm of regular expectations. When they occur, they make an indelible and unpleasant mark on history. These happenings seem to drop out of the sky, leaving experts and laypeople alike shocked at how such things could occur. Learn more about black swan events and whether there’s any way to prepare for them despite their innate unpredictability.