leverage exists, but is always paired with constraints. Physical limits (think size or speed), cultural friction, or some other factor that prevents scaling out of control and keep the thing going (i.e., alive, not extinct, not permanently ruined)... but in our wonderful world of finance...
luis arrieta
california
99 posts
the asymmetry of ruin: scalability and lack of friction can turn ordinary mistakes into terminal events
I am no stranger to you. I was born in Troy, and the blood you see is oozing from no tree...
one climbs a small mountain just to see oneself surrounded by higher mountains that await our approach
in The Aeneid, we find a seamless fluidity that is indifferent to the translator
contemplating and accepting the role of time
it's obvious that one can run without a Garmin watch but, at the same time, it's incredible
when learning how to surf, people don't sit at home reading a technical manual about how to measure velocity, steepness, and hollowness to predict where to position themselves to catch a wave.
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