Nassim Nicholas Taleb @nntaleb
FRAGILITY, OVEROPTIMIZATION & COVID No, it's not the lockdown that's breaking NYC! Restaurants & hotels are so stretched (mostly rent) that they go bust after a 8-18% drop in rev/occupancy. Same w/theaters,museums. Real estate must adjust (distancing) #Convexity #Nonlinear — PolitiTweet.org
