http://mdcsystems.com/fukushima-dai-ichi-black-swan-event-or...
http://mdcsystems.com/fukushima-dai-ichi-black-swan-event-or...
source: Nassim Nicholas Taleb on Accepting Uncertainty, Embracing Volatility
http://knowledge.wharton.upenn.edu/article/nassim-nicholas-t...
How do you explain the fact that this exact scenario was predicted in advance then? E.g.: https://news.usc.edu/86362/fukushima-disaster-was-preventabl...
TEN PRINCIPLES FOR A BLACK-SWAN-ROBUST WORLD
"4. Do not let someone making an “incentive” bonus manage a nuclear plant – or your financial risks. Odds are he would cut every corner on safety to show “profits” while claiming to be “conservative”. Bonuses do not accommodate the hidden risks of blow-ups. It is the asymmetry of the bonus system that got us here. No incentives without disincentives: capitalism is about rewards and punishments, not just rewards."