Fund managers on twitter showing they don’t understand fat tail risk / coronavirus shows how gentle and forgiving this record bull run has been to people.
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I’m sorry but this has nothing to do with biology and everything to do with risk management.
Hard to manage pandemic risk if you don't understand pandemic biology at all.
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Right, but I don’t think you need a degree in biology to understand what’s an R0 and what’s a mortality rate. Once you have those 2 pieces of info it’s all about managing the risks.
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Imagine thinking one needs to study biology to understand fat tail risks and non linearities.
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Using your mind-numbingly poor logic: Hard to manage nuclear accident risks if you don’t understand nuclear plant design at all.... or, for that matter, an infinite number of risks that can come from any direction
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