When news of COVID-19 first surfaced in December 2019, no one could accurately predict its impact, or how long it would last.
SINGAPORE (Mar 3): Knowing when to enter and exit the market isn’t easy. Beyond doing your research, whether you ultimately make a profit or not, sometimes depends on the timing of events. This is especially so during unexpected occurrences, or what we call Black Swan events.
According to Nicholas Nassim Taleb, an author, scholar, and former options trader and risk analyst, Black Swan events are unexpected events that have an extreme impact in our world, and are thought to have been able to be predicted in hindsight.
