the asymmetry of ruin: scalability and lack of friction can turn ordinary mistakes into terminal events
the blog of l.arrieta
risk, fragility, leverage, survival... oh, and the classics
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I publish slowly and irregularly
risk, fragility, leverage, survival... oh, and the classics
I publish slowly and irregularly
the asymmetry of ruin: scalability and lack of friction can turn ordinary mistakes into terminal events
since you can't help yourself, then let's use the word "virtue" for the disciplined application of your method, and the word "fortune" for the outcome of your "investments."