As an example, what sort of portfolio should you set up for your money. Taleb's recommendation is to avoid all kinds of "risk-modeling" and to invest 80 - 90% in highly conservative investments and the remaining 10% in ultra risky ones. He calls this a barbell investment. Positive black swan events from the ultra risky bets will still get you a nice return and the negative black swan events won't wipe you out.

The barbell strategy is applied to a lot more domains throughout the book - a small excerpt: https://www.nuggetsofthought.com/2018/04/02/nassim-taleb-sen...