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Planning for black swan events would be really dumb: they will never go exact as you plan them to. What if they planned for a GFC-like black swan event where n
by mywittyname 5y ago
Planning for black swan events would be really dumb: they will never go exact as you plan them to. What if they planned for a GFC-like black swan event where nobody bought cars? Or one where gasoline suddenly went to $400 barrel?
There are a million possible black swan events and there's a million ways to plan for them.