Convexity
categories: c o n c e p t
Authors:
Oberron ,
Rezpe ,
Rezpe & Oberron ,
sebas ,
- https://www.edge.org/conversation/nassim_nicholas_taleb-understanding-is-a-poor-substitute-for-convexity-antifragility
- https://fooledbyrandomness.com/ConvexityScience.pdf
Convexity
Convexity means gain well if things go well, but don’t lose that much if it goes poorly.
The opposite is concavity, where you lose a lot if things go bad, and don’t really gain that much if it goes great.