Nassim Nicholas Taleb has written a brilliant article for the Financial Times named Ten Principles for a Black Swan Proof World.
I have excerpted 2 of the 10 precepts but they should be mandatory for anyone in business or finance.
2. No socialisation of losses and privatisation of gains. Whatever may need to be bailed [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.
Black Swan Proofing For Real Estate
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