Quote by Ambrose Bierce
Insurance - an ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table.
Summary
This quote by Ambrose Bierce satirically illustrates the concept of insurance. Using the analogy of a game, Bierce suggests that insurance is like a game of chance, where the player (insured) believes they are outsmarting the "man who keeps the table" (the insurance company). It implies that insurance provides individuals with a false sense of security, as they think they are winning by paying premiums but may ultimately lose when they make a claim. In a playful manner, Bierce highlights the irony of the insurance system and the perception of control it gives to the insured.
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