45. Are You Playing Russian Roulette With Life?
In this episode, Cal and Steph discuss the hidden side of risk: the infrequent, often unpredictable events that make the biggest differences in our lives. If you look around, rare, high-impact events are everywhere. A small number of days in the stock market drive the bulk of the returns.Large businesses like Google, Amazon, and Best Buy have tested thousands of products, yet have a single profit puppy. Insurance companies make money on most customers, but have to pay out very larg...