"Doctors most commonly get mixed up between absence of evidence and evidence of abense"
"Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control)."
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Source: Ten Principles for a Black Swan-proof World. www.ft.com. April 07, 2009.
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