Where Positive Black Swan Stocks Lurk

http://seekingalpha.com/instablog/514243-emory-redd/2085602-the-black-swan-industry-the-major-risks-and-major-rewards-of-biotechnology-investing

The following image from the link shows the best places to find black swans:



My favorite sector is petroleum and natural gas because the risks and the rewards usually have some degree of quantification and oftentimes with a degree of downside protection.  It is usually much harder and riskier to predict the next Biotech, or Google, or Apple, or Microsoft.