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related to this is a misunderstanding of volatility. many imagine PRICE going up and down as volatility and think "yeah whatever that sounds easy" but forget that volatility always is due to new INFORMATIONhttps://twitter.com/a_yawning_cat/status/1393072212475670531 …

yes, which means that the flow of information is the basis of volatility, but what controls the flow of information?

whoever has the megaphone "i can handle volatility" as naively presumed is akin to "i can handle extreme randomness" but b/c real world volatility always has some form of agency behind it, prepping for extreme randomness doesn't guard against the volatility of agency

Im not a prepper but id argue that preppers dont think of themselves as hedging randomness but hedging antagonistic agency. From the other side it looks random because of the relative lack of control

i dunno. my guess is most people who buy gold bricks are unaware that the point is to have the option run away to another country/area just like most gun owners are "unaware" that the point is to blow someone else's brain's out and kill a son or w/e if necessary

Prepper people seem pretty commited to staying where they are imo. Im sure many have bugout plans, but even then wherever they're going is pretty much as stationary as where they're leaving. Also seems like they're very aware what the point of a gun is.