- Fear [[risk]].
- Betting 100 yen to get 0 yen or 400 yen
- expected value is positive
- If the forehead is large enough, one hit will kill you.
- put all one’s eggs in one’s basket
- fear mind against risk
- Everyone has it.
- Mismatch between emotion and logic
- If you walk outside, you run the risk of a runaway car crashing into you and killing you.
- Many people ignore that risk.
- Cannot work for 10 years → loss of tens of millions of dollars
- Emotions are rather messy.
- Ignore small probabilities.
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