Risk Management

Creator
Creator
Seonglae ChoSeonglae Cho
Created
Created
2021 Nov 22 6:44
Editor
Edited
Edited
2025 Jun 4 11:19

Risk management is meaningless when you're at the edge of a cliff worrying about starvation

Overthinking probabilities leads to failed risk management. When there is clear evidence, you should proceed with some optimism even in the face of risks.
When people chase small gains (rabbits) alone due to the risks of cooperation, everyone misses out on bigger benefits (deer). In other words, agreements become difficult when we fail to understand each other's fears.
 
 
 
 
 
 
 

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