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The turkey comment reminds me of black swan investing. Just because it hasn't happened yet doesn't mean it won't in fact for certain things, it actually increas
by tjmaxal 16y ago
The turkey comment reminds me of black swan investing. Just because it hasn't happened yet doesn't mean it won't in fact for certain things, it actually increases the odds that it will happen the more time passes without it occurring, like Volcanic eruptions.