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The Most Daring CEOs Were Forged in Fire (and Flood, and Earthquake)

Here’s a tip for helicopter parents grooming their offspring to be swashbuckling corporate executives: Buy a house on a fault line.

Childhood exposure to natural disasters affects risk tolerance later in life, according to a working paper by three business school professors. According to the research, chief executives who lived through catastrophes with high death tolls turned into cautious captains of industry. CEOs who experienced milder disasters, on the other hand, became desensitized to the negative effects of risk.