Weak. SoftBank has always seemed suspiciously large and cavalier. I expect there's a venture analog to the expression "there are old pilots, and there are bold pilots, but there are no old, bold pilots." Let's hope they stick the WeWork landing ...
First time ever hearing this. What an interesting expression
If the player is ruined, the game stops for them.
More from Taleb: https://medium.com/incerto/the-logic-of-risk-taking-107bf410...
--edit: added "for them"
If you are obliterated, well, you served the population.
This is probably more psychologically palettable for men than women. Although some women can do it for sure. Just... well at the population level it doesn’t make nearly as much sense evolutionarily for folks with wombs to take these kinds of risks as folks producing sperm.
In the context of SoftBank, though, I'd expect all-ins and near all-ins to be avoidable...
Optimality is just maximizing your upside and minimizing the window of exposure to oblivion. I don’t think there’s any “avoid oblivion at all costs” strategy that comes close to “court oblivion once” in terms of the total expected utility.