“The most ordinary cause of people’s mistakes are their being too much frightened at the present danger, and not enough so at that which is remote.” – Cardinal de Retz
Related:
- 3-1c3c4.3 “Be fearful when others are greedy and be greedy only when others are fearful”
- 5-1b4a Amara’s law - we expect too much in the short-run, but too little in the long-run
- 5-1b4a0 We overestimate the technological impact in the next 10 years, but underestimate the next 20 (and often right about 15 years later)