Mathematically, I should be considering this in making plans for tomorrow, but practically it’s a waste of time thinking about it.
And then one day 4 years later you find out that a black swan event has occurred and because you never prepare for such things (‘it’s a waste of time thinking about it’) you will face losses big enough to influence you greatly all at once.
And then one day 4 years later you find out that a black swan event has occurred and because you never prepare for such things (‘it’s a waste of time thinking about it’) you will face losses big enough to influence you greatly all at once.
Or not. - that’s the thing with rare events.