Showing posts with label Where positive black swans lurk. Show all posts
Showing posts with label Where positive black swans lurk. Show all posts

Friday, January 3, 2014

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.