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TopicObama's Legacy: FUCKING DEAD!!!!!
SmartMuffin
05/08/18 3:36:10 PM
#45:


LordoftheMorons posted...
Hey Muffin do you think it's smart for businesses to hedge against uncertainty, or to only put in place preventative measures for things we not only know will happen with 100% certainty but for which we can also quantify the size of the effects with 100% certainty?

In case I'm not making it obvious enough the latter is the ridiculous standard being applied by conservatives to doing anything about climate change


Whether not "hedging" is smart depends entirely on the cost of the hedge and the estimation of potential damages.

It's certainly not always inherently good to hedge because "what if something bad happens." Do you buy the most comprehensive extended warranty you can on every purchase you make?
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SmartMuffin - Because anything less would be uncivilized - http://i.imgur.com/W66HUUy.jpg
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