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- On the one hand you should trust your competence to be confident in the outcome of a risky project.

- On the other hand you should not trust your competence to make sure you don't make stupid mistakes.

I wonder how we can diagram and solve this dilemma. It looks like a typical trade-off that draws on a limited resources, but I can't put my finger on it. This is somewhat similar to Adam Smith's passionate-dispassionate dichotomy in The Theory of Moral Sentiments.

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