Black Swans value investing

[Townboy]

I am a big fan of Nassim Taleb and his Black Swan concept. I do not think he will approve the term "Black Swan Value investing" coined by thread starter. Nassim Taleb already said many times in his book that he could not understand stock market. To him, stock market is unpredictable and ruled by Black Swan (unpredictable and high impact events - be it positive and negative). One cannot predict a Black Swan and one can only TRY to protect oneself from it. Recent Middle East riots and Fukushima nuclear incident are Black Swan events.