From burning coal to mining critical minerals for electric…

From burning coal to mining critical minerals for electric cars, nearly all forms of energy have their dirty downsides. As the wise Thomas Sowell once said, "There are no so-lutions, only tradeoffs."

— from Takeoff Into Chaos · Holy Grail of Investing: The World's Greatest Investors Reveal Their Ultimate Strategies f

In the book

We reliably underestimate both how possible and how severe the high-impact events are — and the data backs the caution, since the odds of catastrophe climb sharply once a system has drifted into its danger zone. Accept, too, that there is no clean escape, only trades: as Thomas Sowell said, there are no solutions, only tradeoffs. Even our belonging cuts both ways — the tribal allegiance that gives us our deepest consolation in the storm is the very same impulse that, turned outward, produces havoc. — Takeoff Into Chaos

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