Maximum of an average is necessarily less volatile than the average maximum Auteur: Nassim Nicholas Taleb Copy Quote More from Nassim Nicholas Taleb “In poor countries, officials receive explicit bribes; in D.C. they get the soph…” “It is my great hope someday, to see science and decision makers rediscover what…” “They think that intelligence is about noticing things are relevant (detecting p…” “The psychologist Gerd Gigerenzer has a simple heuristic. Never ask the doctor w…”