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Finance and Uncertainty
Uncertainty is the cornerstone of all our lives. It's the cornerstone of everything we do and understanding uncertainty or how to think about uncertainty is just unbelievably fascinating. So I'm so excited about uncertainty and how finance adds to it because we get feedback. Myron, what is unusual about your optimism is that it runs counter to risk aversion and finance theory. Normally, uncertainty makes us scared. Uncertainty and asset returns encourages to hold more cash and hold fewer risky assets. This reminds me of an episode of the TV show, The Twilight Zone. Here's the plot of The Relevant Show.