The Black Swan (Nassim Nicholas Taleb)

The Black Swan (Nassim Nicholas Taleb)
- Highlight Loc. 2660-62  | Added on Tuesday, October 25, 2011, 12:12 AM

This brings us to gravest of all manifestations of silent evidence, the illusion of stability. The bias lowers our perception of the risks we incurred in the past, particularly for those of us who were lucky to have survived them. Your life came under a serious threat but, having survived it, you retrospectively underestimate how risky the situation actually was.