Ultra high returns and positive externalities in the tails. Really bad internalities to personal quality of life if some basic thresholds aren’t met. I am reminded of David Foster Wallace talking about how the sports press tries to paper over the absurd lifestyles that elite athletes actually live and try to make them seem relatable because that’s the story the public wants.
What good is it to become a famous rich athlete if you lose all your money and wind up with brain damage because you never learned to manage any risks?
Ultra high returns and positive externalities in the tails. Really bad internalities to personal quality of life if some basic thresholds aren’t met. I am reminded of David Foster Wallace talking about how the sports press tries to paper over the absurd lifestyles that elite athletes actually live and try to make them seem relatable because that’s the story the public wants.
What good is it to become a famous rich athlete if you lose all your money and wind up with brain damage because you never learned to manage any risks?
Ah, I see what you mean, thanks.