Dreams of money to be made are like the beer goggles of the investment world — Investors immediately begin to make assumptions and
ignore obvious risks for a chance to get lucky.
Not exact matches
Only a fool would question (or
ignore) the benefits of greater / global diversification in the face of such potentially existential
risks — particularly as there's no
obvious long - term cost (s) to such a strategy.
It's basic education theory: Unless the problem presented by a lesson is
obvious or «salient,» there's a
risk that the lesson may be missed or
ignored.
Summary of how they got to this finding: They use CMIP models which, if not outright flawed, have not proved their validity in estimated temperature levels in the 2030 to 2070 timeframe, are used as the basis for extrapolations that assert the creation of more and more 3 - sigma «extreme events» of hot weather; this is despite the statistical contradiction and weak support for predicting significant increases in outlier events based on mean increases; then, based on statistical correlations between mortality and extreme heat events (ie heat waves), temperature warming trends are conjured into an enlargement of the
risks from heat events;
risks increase significantly only by
ignoring obvious adjustments and mitigations any reasonable community or person would make to adapt to warmer weather.
But firms that
ignore the
obvious not only miss a golden opportunity, they also
risk looking dim, like they hadn't noticed that they're sitting on a marketing goldmine.