The simple idea that power law returns encompass performance is an oversimplification; it obscures the discipline needed to manage variables under our control.
Decision quality and the upper limit of return on investment are factors we can influence, even in the face of asymmetric distributions.
A concrete example is structuring investment vehicles in Switzerland, which can modulate exposure to risks inherent in these power laws.
For example, using private foundations or Swiss trusts can optimize the fiscal and regulatory environment, thus mitigating the impact of a purely theoretical return distribution.