4 ms·
cycles are natural. instead of fighting it and treating the system as a fragile too big to fail egg, maybe we embrace the pendulum and think more about antifrag
by riffic 2y ago
cycles are natural. instead of fighting it and treating the system as a fragile too big to fail egg, maybe we embrace the pendulum and think more about antifragility? Taleb's antifragility concept, if it's an obscure matter.
- kjkjadksj 2y agoEasier said than done. People have 401k instead of pensions now. Everyone and everything is too overleveraged in the market to not be so affected by it. If they weren’t so leveraged you could imagine volitility dropping like a stone and these cycles becoming smaller with less participants trying to eek out a big return.
- kwere 2y agoIts common knowledge that you should have around 50% of your assets in fixed income generating assets by the time your retire to not be forced to liquidate stocks in a downturn.
- barrenko 2y agoIt's just our usual "avoid the small fires because of discomfort until a big one burns LA equivalent of money to the ground".