Time for Paranoia. By Nassim Taleeb.
When paranoid, you can be wrong 1000 times & you will survive. If non-paranoid; wrong once, and you, your genes, & the rest of your group are done.
It’s a yuuuge mystery that academics who deal w/risk, “rationality”, subforecasting & superforecasting fail to get it.
Personal responsibility, versus “the government will look after me”?
I’ve noticed a massive difference in how much people who deal in risk care versus those who don’t on #Covid_19
My VC & Wall St trader friends are prepping like mad.
My friends who work for bureaucracies just sort of shrug, waiting for someone else to tell them what to do.
Plane and car crashes are neither multiplicative nor systemic. I block anyone comparing fear of multiplicative pandemics to car crashes.
Besides, airplane safety is the result of mega-paranoia.
How do [I] manage risk in [my] personal life? Ignore everything that is not in the tails/ systemic and multiplicative.