Imagine two investors facing a sudden market crash, or two poker players sitting across from each other with depleted chip stacks. One panics, doubles down on a losing hand, and loses everything. The other calmly folds, accepts a minor loss, and walks away to win another day. Why is it that under intense uncertainty-whether in business, investing, or gaming-some people completely unravel while others consistently emerge victorious? The answer lies not in luck, but in how we navigate risk.