3 ms·
An 8 in the Bay area, or a 9 in Seattle, what would that do?
by greesil 6y ago
An 8 in the Bay area, or a 9 in Seattle, what would that do?
- suzakus 6y agoSignificant risk includes likelihood, not just damage. If you want to hedge bets against highly unlikely events best hold as few physical belongings as possible
- greesil 6y agoI know how to compute the expected value. No, if I want to hedge I'd spend a lot of money on earthquake insurance and hope it actually pays out. Damaging earthquakes are not unlikely event in these locales. In the next 20 years a 6+ magnitude quake is above 90% in the Bay. Something like 60% for a 7+. Cascadia subduction zone produces 9s almost periodically, and it is overdue as well.