- The Loss Illusion is noteworthy. We fear the downside more than we desire the upside. This may lead us to be unnecessarily risk-averse. As a result, we may be unable to take advantage of opportunities. As humans, we have optimistic and risk-averse tendencies. These two tendencies conflict, and one must monitor them.
- 'Expert'-opinion must be treated with skepticism, because people are generally over-confident.
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