Just a quick Thursday post as I have a rather busy day today. On the subject of prepping I have never been a big fan. I also think that the Corona virus is more fear-mongering than anything else, specifically designed to crash the US economy in time for the November election.
However, I am also a dedicated student of risk and its inherent randomness in the real world sense, not in an academic capacity. So all things considered you might want to buy a few more groceries this week.
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.
— Nassim Nicholas Taleb (@nntaleb) February 24, 2020
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.
— Bruce Fenton (@brucefenton) February 24, 2020