The paper discusses a the book; the black swan: the impact of highly improbable events by nassim nicholas. the review discusses the phenomenon known as “retrospect distortion” or “the Black Swan” and is explained by Nassim Nicholas Taleb in his book. Nassim’s Black Swan theory predicts a cataclysmic occurrence. Unexpected, substantial ramifications, and an explanation that makes it appear less random and more predictable than it was.
