The Briefing | Black Swans: House Fires, Pandemics, and Financial Crises | AP Wealth Management

During this Briefing, Gene shared a story from his personal life involving a recent house fire and the parallels between it and other “Black Swan” events such as our current pandemic and past financial crises. For those not familiar, a “Black Swan” event is one that is unpredictable, beyond what is normally expected of a situation, and has potentially severe consequences. Black Swan events are characterized by their extreme rarity, severe impact, and the widespread insistence they were obvious in hindsight.

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