Risk Misc

Youโ€™re Infected With the Coronavirus. But How Infected? Knowing the amount of virus carried in the body could help doctors predict the course of a patientโ€™s illness.

And masks exhibit protective effect for the wearer in reducing viral load, thus reducing Covid-19 severity.

Everyone wants to think in binary: am I infected or not? Do masks work or not? But thatโ€™s not how the world functions at all. There are spectra of risks, mitigation measures and outcomes. Fortunately, some of the easiest mitigation measures are also the most effective in this case (and, actually, most cases).

I am glad I started trading young because that taught me so, so much about risk and hedging, when to take the leap and when to stand back and watch the herds stampede off the cliffโ€™s edge.

Learning from the failures of other people is so much better than being forced to learn from your own.