(Tail) risk management is about surviving, not getting into irreversible trouble. It isn't about understanding. It's about surviving.Science is a collective procedure to get closer to the truth.Do not confuse the two, as @WHO and @CDCgov did in 2020!Risk management supersedes science.
Saturday, November 26, 2022
Do not confuse science and risk management. The one is about truth and the other about surviving.
From Nassim Nicholas Taleb.
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