tags: #publish links: [[Cognitive Biases]] created: 2022-03-04 Fri --- # Risk-seeking incentives > ...risk-seeking incentives. Whenever you profit greatly if things go well and other people take the loss when things go poorly, you become a risk seeker. From [[Good Strategy, Bad Strategy - The Difference and Why It Matters (Richard Rumelt)]] Applies to every financial institution bailout ever. Let it burn. See also [[When the tide goes out, that's when you find out who's been swimming naked]], and [[Smooth-Sailing fallacy]], [[The Inside View fallacy]] Interestingly related: [[Regulatory Capture]]