Reminds me a lot of Nassim Taleb's focus on payoff/cost (expected outcomes) vs probability. If the possible costs are high enough, it makes a lot of sense to ta

Reminds me a lot of Nassim Taleb's focus on payoff/cost (expected outcomes) vs probability. If the possible costs are high enough, it makes a lot of sense to take precautions. Hardly rocket science - seat-belts, hand-rails, smoking etc.