Authors:

But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.

Nassim Nicholas Taleb (2016). “Incerto 4-Book Bundle: Fooled by Randomness The Black Swan The Bed of Procrustes Antifragile”, p.73, Random House
But they never notice the following inconsistency: this so-called worst-case event, when it happened, exceeded the worst case at the time.