the problem is that he looses the key difference between short-tailed and long-tailed distributions Isn't this basically what the entire "Black Swan" book is a

the problem is that he looses the key difference between short-tailed and long-tailed distributions Isn't this basically what the entire "Black Swan" book is about? The difference between what he calls "Mediocristan" and "Extremistan", and that physical reality is in Mediocristan, is the basic concept he starts out with.