Gary Thaller

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In real life you do not know the odds; you need to discover them, and the sources of uncertainty are not defined.
Gary Thaller
This is an important point. In real life, you do not know the odds. You need to discover them. MUNICIPALIZE THE ELECTRIC COMPANY. That was our city's plan. Thank goodness it was voted down. If it went well, they would have taken part of the money to support additional projects. If it went poorly, they would have increased taxes and then took more money when it went well again. It would have been a money pit for the consumer.
Incerto 4-Book Bundle: Fooled by Randomness, The Black Swan, The Bed of Procrustes, Antifragile
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