4 ms·
It may be easy to jump to the fatalistic conclusion that we are all clueless lemmings waiting to be wiped out by some random event or another but the book ultim
by mertd 5y ago
It may be easy to jump to the fatalistic conclusion that we are all clueless lemmings waiting to be wiped out by some random event or another but the book ultimately suggests to not ignore tail events. What you make out of those is up to you. Some of those are disasters for which one should hedge against but some others are opportunities to reap outsize benefits.