Oddbean new post about login | logout Most people don’t understand risk because they have spent their entire lives living in a gilded cages serving their masters as good little slaves who don’t have to be concerned where the yield comes from.
it's time to break free
I'll be honest, I don't care. The fact they don't gives me an edge. The world is as the world is, worrying about others won't help one iota
They always say suffering leads to liberation. Yield is an ouroboros.
I think most people walk with so much accumulated fear that they're not able to think objectively. To rationally assess risk you need to determine the likelihood of it occurring & the severity. The fear causes us to over estimate the likelihood & severity of certain events while ignoring others. They can't control what people think, but they can control what people think about. This is the problem with centralised platforms & algorithms.