Originally posted on jessy.io.

Feb 20th.

It's all about diversification. The black swan this time has given me a hard and uncomfortable lesson around not putting all your eggs in one basket. Diversification isn't just about stocks, it's about your source of revenue (e.g., remote working capabilities, side income, passive income, capital or human resource leverage), the type of assets you have (i.e., stocks, bonds, war and peacetime real estate, currency, digital currency, rare metal, supplies), where you place your assets (e.g., offshore bank accounts and companies), who you are (i.e., citizenship, permanent residences). A concept to look into is "flag theory."

ANTI-FRAGILE

危机 - a new era is introduced through destruction - never waste a good crisis.

No virus will probably spread like fear, panic, and false information. What are the actions that the public will take under this sentiment? The government must ensure the fuel of supplies coming in and afloat the economy to prevent civil unrest.