Gary Thaller

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What is the ludic fallacy? Ludic comes from ludus, Latin for games.
Gary Thaller
They are taking money to help people losing their jobs because of COVID. Where is it coming from? Probably from people who need it equally badly. Those who failed to save a rainy day fund should experience the rain. They shouldn't get to force those who saved to buy them an umbrella. Expressing this opinion can make a person quite unpopular. However, some measure of this opinion is important. Otherwise, gains will be privatized and losses will be socialized.
Incerto 4-Book Bundle: Fooled by Randomness, The Black Swan, The Bed of Procrustes, Antifragile
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