In Extremistan environments, there can be wild randomness and extreme deviations. Typically, there’re no physical constraints and no known upper/lower limits (e.g. knowledge, financial markets, e-book sales, social media “likes”). Thus, the outliers can make a big difference—if you add the net worth of Jeff Bezos or Bill Gates to a group of 1,000 people, it will drastically shift the average.
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