This is a great post from KK on second order risk (“known unknowns”) and third order risk (“unknown unknowns”) that might effect, with reference to the Corona Virus (Covid-19).
In the face of unknown risks, he advises caution.
I’m writing this on 4th March 2020, so it will be interesting to see how the risk profile looks when this goes live.
Ha! I still think the second order risks aren’t clear! Apart from general chaos…