The black swan: the impact of the highly improbable.
Meaning
Rare and unpredictable events can have massive consequences.
Best Business Quotes with Meaning
Share image
Preview of the image used when this quote is shared on social networks.
About the author
Related quotes
-
“The only thing that makes life possible is permanent, intolerable uncertainty.”
Meaning: Le Guin suggests that uncertainty is not a flaw but a fundamental part of existence. It creates possibilities, growth, and change, making life dynamic and meaningful. -
“The only certainty is that nothing is certain.”
Meaning: Uncertainty is a fundamental part of life. -
“Understanding uncertainty is essential for making better decisions.”
Meaning: Uncertainty matters. -
“The ability to remain calm during uncertainty is a key advantage in both business and life.”
Meaning: Calmness is powerful. -
“An entrepreneur is someone who jumps off a cliff and builds a plane on the way down.”
Meaning: Hoffman describes entrepreneurship as taking risks and figuring things out in real time rather than waiting for perfect conditions. -
“Risk is not something to avoid entirely, but something to understand and manage effectively.”
Meaning: Risk management is key. -
“Investing is not about predicting the future perfectly, but about understanding risk and making informed decisions.”
Meaning: Risk understanding is key. -
“Jump, and you will find out how to unfold your wings as you fall.”
Meaning: Taking risks leads to growth and discovery. -
“You have to take risks to achieve something big.”
Meaning: Risk-taking is necessary for success. -
“Risk management is not about eliminating risk, but understanding it.”
Meaning: Success in finance comes from managing and assessing risks, not avoiding them completely.