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This makes it clearer than any Taleb article I've read that black swans aren't just an external danger to investments; they're invited, even mandated, by the ve
by khafra 18y ago
This makes it clearer than any Taleb article I've read that black swans aren't just an external danger to investments; they're invited, even mandated, by the very structure of the market. I hope someone can come up with a better solution, though; I can't see money management being outlawed in anything less than a zombie apocalypse.