Black Swan

If you listened to Mark Spitznagel, the founder of Universa Investments, back in March, you probably made a nice little profit — or at least avoided some of those nasty losses — when the coronavirus outbreak blew up the long-running bull market. “When the market crashes, I want to make…

The Business of Fashion and McKinsey & Company have released a new update examining the effects of Covid-19 on the $2.5 trillion fashion industry. The findings, as one would expect, make for seriously grim reading, with millions of jobs put at risk. The devastating impact of the virus has decimated…

The federal and provincial governments have announced massive emergency spending measures to ease the financial hardships many Canadians are facing due to the COVID-19 pandemic. Quick and significant spending is required. However, both levels of government will have to borrow heavily to pay for this financial support. Numbers from the…

With over 58 percent of customers saying they’re “extremely” satisfied with credit unions (CUs) and nearly six in 10 saying they would stick with their CU even if it didn’t have all the bells and whistles of bank tech that competitors do, the bond between members and CUs remain strong.Considering…

nginx Read More

For years, the cryptocurrency industry has attempted to propagate a specific narrative around cryptocurrency, which is that it acts as a "safe-haven" asset, a way to park capital in the face of unpredictable, extreme market events, otherwise known as "black swan" events. The theory could be seen as an argument…

nginx Read More

Is it possible to prepare for a Black Swan event like COVID-19? What are the lessons for leaders in today's pandemic? asks James Heskett. Eddisonphotos While sheltering in my condo recently, I took the opportunity to reread Nassim Nicholas Taleb’s book, The Black Swan. In it, he defines a Black…

ViacomCBS has come to a crossroads, again. The company that has endured more drama in the C-suite in recent years than any of its larger rivals was already under pressure this year to prove it could muster a comeback in a big way. Now, with the black swan named coronavirus…

Vivo S6 is launching in China; it’s a 5G phone powered by Samsung’s Exynos 980 SoC. One of the few phones outside of the Samsung branding to draw power from this mid-range octa-core processor, the S6 has a 6.44-inch full HD AMOLED eye-protecting waterdrop display with 408ppi density and 90.1…