People out in crowded spaces by choice should win a Graham Award instead of a Darwin Award.
"The idea of a margin of safety, a Graham precept, will never be obsolete. One skill is knowing the edge of your own competency. It’s not a competency if you don’t know the edge of it."
"The idea of a margin of safety, a Graham precept, will never be obsolete. One skill is knowing the edge of your own competency. It’s not a competency if you don’t know the edge of it."
"A margin of safety is [is intended to] allow for human error, bad luck, or extreme volatility in a complex, unpredictable and rapidly changing world.” "The river may overflow its banks only once or twice in a century, but you still buy flood insurance.” google.com/amp/s/fortune.…
What you do is rarely like a roulette wheel, which is risk. Insead the events that often have the biggest impact on what you do are part of the domains of uncertainty and ignorance. Once you internalize this mental model, you should increasingly value having a margin of safety.
