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Taleb.epub: Antifrгўgil - Nassim Nicholas
: Taleb advocates for a "bimodal" approach to risk: playing it extremely safe in most areas to avoid ruin, while taking small, high-upside risks in others. This minimizes the impact of negative "Black Swan" events while maximizing exposure to positive ones.
: Things that break or deteriorate under stress (e.g., a glass vase, a high-debt corporation). AntifrГЎgil - Nassim Nicholas Taleb.epub
Taleb categorizes everything in the world into three distinct groups based on how they respond to disorder and volatility: : Taleb advocates for a "bimodal" approach to