I agree connotatively, but disagree denotatively. The version for LessWrongians might go a little more like this:
In particular, in situations where your panic at fearful outcomes is worse than one of those outcomes, just accept that outcome instead of accepting the panic.
In a New York shop, I once got pressure-sold something expensive I didn't really want; when I said it cost too much, I was asked what I might be prepared to pay, and we ended up haggling. Since then, I've had a rule:
and I have been very glad of it on many occasions. I can go for a short walk to decide, and if I don't want it, I simply don't return to the shop. This means I'm deciding in calm surroundings, based on what I want rather than on embarrassment.
Are there other maxims I could adopt that would serve me equally well?
(Personal note: I'm in the Bay Area for a week after minicamp, Sunday July 29th to Sunday August 5th. Let's hang out, go to things together, help make my visit cooler! Mail me: paul at ciphergoth.org. Thanks!)