Why We’re Programmed To Misunderstand Our Own Death/Disability, And How To Best Insure Yourself
Why We’re Programmed To Misunderstand Our Own Death/Disability, And How To Best Insure Yourself
Episode 95
Apr 26 2021
The work of Nassim Taleb expresses part of the reason that we are bad at understanding how probabilities relate to real life, especially when it relates to some adverse event in our own lives. This episode explores how probabilities are "hiding in plain sight" and how robust insurance is a luxury in which physicians should partake in order to neutralize the impact of a low-probability, high-magnitude negative event.
