Biggest risk is always what you don’t see coming
Morgan Housel of Collaborative Fund has written an amazing post titled ‘What’s different this time?’
Modern medicine, vaccines and progress in all walks of life has ensured that the occurrence of pandemic is seen as a low probability event. The statistics over last one century has made it clear that the mortality rate has fallen for the American population getting infectious diseases.
Morgan towards the end of his writing makes it clear that the trouble is about not anticipating a risk or underestimating the damage caused by the risk.
