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Nassim Taleb on What Bitcoiners, Anti-Vaxxers and Deadlift Maxis All Get Wrong

Odd Lots

CHAPTER

Navigating Tail Risks in Finance

This chapter explores the intricate dynamics of tail risk management within investment portfolios, contrasting naive and experienced hedging strategies. It emphasizes the evolution of these strategies since the 1980s and critiques the over-exaggeration of AI threats in relation to real financial risks. The discussion wraps up with reflections on expertise, personal anecdotes, and the ongoing complexities of navigating an ever-changing financial landscape.

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