E03-The Carnage of the Black Swan

E03-The Carnage of the Black Swan
April 29, 2020

What is a Black Swan Event? How do these events affect people in the stock market verses in Private Equity?

Listen today to hear Paul Anthony Thomas’ definition and how it relates to the current COVID-19 event. Also includes a discussion of the oil perfect storm going on underneath the headlines.

This episode also talks about what happens the longer this pause of the economy goes.

Recorded the second week in April 2020.

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Chapter 30 – Pitfall #8: Mismanagement

Chapter 29 – Pitfall #7: Counting on the Government

Chapter 28 – Pitfall #6: Marginal Deals

Chapter 27 – Pitfall #5: Over-confidence

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