1 min readJul 13, 2018
The secret to a happy, successful life is to be comfortable with uncertainty. (I.e, risk tolerance in the face of loss aversion.)
Sounds simple, but it’s not.
The way to manage uncertainty is to decentralize it so bad outcomes are small and insignificant but signal the need for successful adaptation. Risk pooling is also a great strategy. Nature has managed this well, for the most part.