The reason free markets work is because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or “incentives” for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can. | |
— Nassim Nicholas Taleb | |
From his book: “The Black Swan“ | |
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Unpredictable Opportunity
October 17, 2011 by kmabarrett
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