I bet this Monte Carlo fire, with the shut down of the strip, the Miss America contest this weekend, lost revenue at the Hotel and Casino, damage to the building and reputation, potential lawsuits, etc… will be one of the TOP losers in casino history for the company that manages “risk” everyday

TheExecutive putting Taleb’s The Black Swan down to a single sentence. And also, why we have no idea what we’re talking about when it comes to predictions and planning.