Very insightful piece. Focuses on some concepts that I definitely have not given the requisite thought that they deserve. It’s like the financial crisis. There is systemic risk not being properly accounted for. A system like that can muddle along for a while but eventually that tail risk emerges. Nuclear war was within range of happening and we watched it in real time over Twitter. You don’t need to get too creative to imagine what else is possible.

Investment analyst and expert on portfolio risk management. Passionate about education and building wealth.

Investment analyst and expert on portfolio risk management. Passionate about education and building wealth.