Damien Hoffman: 6 Ways to Avoid Black Swans from Huffington Post, The - Blog by Damien Hoffman

Can we avoid black swans? Ken Posner -- veteran Morgan Stanley (NYSE: MS) securities analyst and author of the book Stalking the Black Swan: Research and Decision-Making in a World of Extreme Volatility-- says, "Yes." Posner states, "Volatility results from market economies, global capital flows, and information technologies and is necessary for innovation and progress. Rather than wishing volatility away, we need to design a financial system that is more robust in the face of extreme volatility, and refine decision-making techniques to account for the risk of Black Swan events."

Read the full post here.