trojan: mba'08 @USCMarshall. phd in strategy @IsenbergUMass focus: tech, strategy, innovation. paleo living. beginner. fight on! http://chetanchawla.com/
The same mechanism of transferring risk also impedes learning
…rom a certain class of concealed explosive risks, use academic risk models that don’t work (because academics know practically nothing about risk), then invoke uncertainty after a blowup, some unseen and unforecastable Black Swan, and keep past …
Not only the principle of healers is first do no harm (primum non nocere), but, we will argue: those who don’t take risks should never be involved in making decisions.