Once upon a time there were black swans - now there are gray rhinos and the pandemic is one of them

by Rashmee

Posted on July 2, 2020 / The Focus


Once upon a time there were black swans. Now, there are gray rhinos. Nassim Nicholas Taleb’s black swans were unknown unknowns, which is to say unforeseeable or highly improbable risks. A gray rhino is a metaphor coined by risk expert Michele Wucker to describe “highly obvious, highly probable, but still neglected” dangers. Ultimately, we may … Continue reading “Once upon a time there were black swans - now there are gray rhinos and the pandemic is one of them”

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Black swans, grey rhinos and the global oil market

by Rashmee

Posted on March 15, 2020 / The Arab Weekly


Until Russia’s refusal to accede to production cuts, the global oil market was suffering the effects of falling demand on account of the coronavirus outbreak. Once upon a time there were “black swans,” a term used by Lebanese-American scholar, statistician and risk analyst Nassim Nicholas Taleb to describe unknown unknowns —  unforeseeable, or highly improbable, … Continue reading “Black swans, grey rhinos and the global oil market”

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Rashmee has lived and worked in several countries in the past decade, including Afghanistan, India, Haiti, Tunisia, the UAE, US and UK