4 ms·
And the risks are exaggerated to induce as much fear of loss as possible. The entire industry is built on fear of loss.
by sverige 10y ago
And the risks are exaggerated to induce as much fear of loss as possible. The entire industry is built on fear of loss.
- Nomentatus 10y agoYes it's odd - even re relatively small losses. It's almost as though we're buying excess predictability, not being emotionally disturbed by losses we can absorb more easily than the premiums, often; but we aren't emotional about paying them.
- Nomentatus 10y agoAbove should read: "preferring not to be emotionally disturbed"