From Nassim Taleb’s mind-blowing book Antifragile: Things That Gain From Disorder.
Example: Fannie Mae & Freddie Mac have never gone bankrupt before, therefore they will never go bankrupt in the future. (That was not correct.)
Example: You’ve never done that before, so you probably couldn’t or shouldn’t do that now.
Example: Our business hasn’t closed in the last 95 years, therefore it won’t close in the next 5.
That’s why it is #4 of 10 on my list of Moral Stands To Live By.
If you pick up Become an Idea Machine: Because Ideas Are The Currency of the 21st Century, then you may embark on a 180-day journey of coming up with ten ideas every day. I did. “What Would You Say Are The Top 10 Moral Underlying Stands You Live By, and Why?” is what you will do on day 127.