FreeBlack Swan PartyWed May 31, 2023Sangfroid (Don’t Assess Risk Like a Fish)“Dark clouds are gathering,” warns Barton Biggs, and the market’s misconceptions about volatility could prove costly. Welcome to the Black Swan Party, your bi-weekly dive into the unthinkable and the highly unlikely. As the Ukrainian offensive ramps up and geopolitical tensions rise, the market remains eerily calm. Understanding and navigating financial volatility is crucial for managing money effectively. Volatility isn’t just a threat; it’s an opportunity for discerning investors. This column explores the nuances of market volatility and how to turn potential chaos into strategic advantage.