"We constantly overestimate the risks stemming from recent shocking experiences and **underestimate the risk of events once they recede in our collective and institutional memory**." ([Location 3228](https://readwise.io/to_kindle?action=open&asin=B08SGC3TD3&location=3228)) --- **Tags** -- [[quotes]], [[risk-management]], [[primacy-and-recency-effect]] **Source** -- [[202412030828 - B - How the World Really Works]]