Comment by AlbertCory
2 years ago
Suppose on Sept.10, 2001, you were an airline executive who successfully forced installation of jimmy-proof, secure steel doors between the cockpit and the cabin?
The only "credit" you'd get is "This guy cost the airlines god-know-how-much money, and for what? An imaginary threat!"
The book "The Black Swan" by Nassim Nicholas Taleb contains this very example. It is a great read on why the improbable events have the biggest impact.
which is where I got it (forget the attribution, though, but the name "Taleb" seems to trigger some people).
Wow, really puts things into perspective.