notes the black swan thread
1 When Taleb was student he was advised to choose a scalable career path. If you’re a doctor, dentist, consultant or message proffessional, there is a limit to the amount of clients you can see in a day AND the amount of money you can make in one day
2 t isn’t scalable.The pay is more or less predictable and depends on your continuous effort. There will be differences in your income over time, but no single day of work will have a huge impact on your lifetime earnings.
3) The d/f between the successful and less successful isn’t to big, and at least somewhat predictable. These professions isn’t black swan driven and is performed in Mediocristan.