Showing posts with label risk aversion. Show all posts
Showing posts with label risk aversion. Show all posts
Sunday, September 11, 2011
512.Risk
If you define risk as the likelihood of an irreversible negative outcome, perhaps the greatest risk of all is inaction. As risk is a 4 letter word ending in k, you should be as risk averse as is compatible with progress. Action may not always bring happiness but there is no happiness without it.
Posted by
Dominic Mulvey
at
3:40 PM
0
comments
Labels:
action,
happiness,
inaction,
risk,
risk aversion


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