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Unknowns comments on Rationality Quotes December 2014 - Less Wrong
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I'm not sure this is very rational. Assuming that you are more competent than you really are -- which seems to be a matter of hubris -- is indeed capable of destroying you.
Yes, but more favorable outcomes are also possible, like becoming the [e.g. 43rd] President.
I think the way it works is that people are built to have hubris for signalling purposes, and then they're built to be lazy and risk-averse to counter the dangers of hubris. If you don't get rid of risk-aversion and akrasia but you do get rid of hubris, that can be problematic.