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Matt Callow's 2008 Investment Themes: So Far, So Good

Thanks Matt. I am trying to educate myself on being proactive in a bear market.

Black Swans, Real Estate and Financial Stocks

I just finished listening to Taleb's Black Swan. It seems many things we would like to call Black Swans are in fact simply things we'd prefer not to predict or notice. Not to say there aren't genuine surprises, but a lot of "Black Swans" are really the result of lack of perception among people.
Sometimes a culture suspends critical judgements out of wishful thinking and then cries "black swan" when the inevitable happens.