Convex Strategies | Risk Update: October 2023 – “The Hunger Games”

“Those whose job it is to manage risk today tend to focus on the things to which probabilities can be attached and shrug their shoulders about everything else.” Niall Feguson, Oct. 2023. Decent note from historian Niall Ferguson in Bloomberg this month. He touches on the issue of unintended consequences and applies some familiar sarcasm…