maybe in a kind of inception/subconscious sense - but there is a very strongly engrained idea that ā€œyou can’t miss winners.ā€ like that’s the worst thing that can possibly ever happen because ā€œupside is asymmetric.ā€ the 2010s everything bubble undoubtedly made this much, much worse. I’m certain many people got fired or lost clients for being underweight some or other complete joke of a company that has only destroyed massive piles of capital in real terms (not to name names, but you don’t really need to there are so many examples)

again - conditional probabilities are highly counterintuitive. I don’t think that’s a bitcoin thing or even a finance thing. it’s just a math and psychology thing.

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