In that same vein:
Rank beliefs not according to their plausibility but by the harm they may cause.
-Nassim Nicholas Taleb, The Black Swan p.203
It does not matter how frequently something succeeds if failure is too costly to bear.
-Nassim Nicholas Taleb, Fooled by Randomness
Fear invasion from Mars!
Better: Rank beliefs according to their plausibility multiplied by the harm they may cause.
Unless you’re risk averse.
In that same vein:
-Nassim Nicholas Taleb, The Black Swan p.203
-Nassim Nicholas Taleb, Fooled by Randomness
Fear invasion from Mars!
Better: Rank beliefs according to their plausibility multiplied by the harm they may cause.
Unless you’re risk averse.