"Learning something new that’s complicated often feels difficult at first - if it feels easy it may be something you already know or you may not really be testing your knowledge (it’s a lot easier to read about how to solve a physics problem and think ‘this makes sense’ than it is to solve a … Continue reading How to Become a Hacker
Category: life
Tail-End Consequences
"...there are three distinct sides of risk:* The odds you will get hit.* The average consequences of getting hit.* The tail-end consequences of getting hit. ...tail-end consequences – the low-probability, high-impact events – are all that matter.In investing, the average consequences of risk make up most of the daily news headlines. But the tail-end consequences … Continue reading Tail-End Consequences
