Tag Archives: risk

UPDATED NEW QUOTE BY ULDIS SPROGIS 649!!!

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THE TRUTH ABOUT PRUDENCE+

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Prudence: adj. reasoned and careful and good judgment which increases the probability of danger and/or risk avoidance

 

Prudent behavior minimizes danger and large risk with careful, good, and reasoned judgment. Prudent behavior is subjective to some extent because what may seem prudent to one human may be not so prudent to another human.

 

No two humans are careful, good, and do reasoning the same way since impulsiveness predominates in behavior and it is based on all of ones prior experiences. Every human’s impulsiveness is different to some extent and so prudent behavior is also different from one human to the next.

If you liked this evergreen truth blog then read more of them, about 1800 so far, or read one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

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THE TRUTH ABOUT ADVENTURE***

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Adventure: n. a frequently risky dangerous activity(s) whose primary goal(s) is frequently excitement not profit

Roaming a wild rainforest, hitchhiking across a country, and orbiting in space can all be considered true adventures because there is some risky danger involved. If you visit a civilized foreign country then you may feel that it is an adventure but there is really very little dangerous risk associated with it and it should be called traveling with very little adventure included.

If you are just doing something new that may seem to be an adventure to you but if there is no dangerous risk associated with it then it is merely experiencing something new and not a true adventure.

Most adventures are done for personal enjoyment or excitement but there are some interesting humans who make a living out of an adventurous life.

Risky dangerous sports like whitewater kayaking and rock climbing could be considered to be adventurous sports but most adventures frequently include more than  one specialized physical activity.

If you like this evergreen truth blog then read more of them, about 900 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

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THE TRUTH ABOUT RISK

Risk Mgmt

Risk: v. to try to achieve a goal(s) with an approximated probability but not certainty

Living life is a risky proposition. You can be involved in an accident, can ruin a relationship with bad behavior, and lose a relatively secure job due to technological advancement. Most prefer security and take few risks but there are humans who thrive on risk taking and gamble with their personal lives doing things which would make other humans wince with disbelief.

Some professional sports are risky with a high probability of injury as are new business ventures but thanks to the risk takers progress is made in society which much prefers the status quo approach to life or the don’t rock the boat philosophy.

There is stupid risk taking such as gambling with the odds against you in the long duration and extreme sports such as rock climbing without a rope for security. Many are addicted to an adrenaline rush which comes with risky physical behavior but in most cases there are safety backups which minimize the probability of physical injury to acceptable levels.

Some are so afraid of social disapproval that they don’t readily risk interacting socially with other humans. Some are stuck in unrewarding emotionally devastating jobs yet don’t want to risk changing jobs for fear that they will become unemployed in the near future.

Fear is what keeps us from taking calculated worthwhile risks in life and sometimes it is based on a history of failure at attempting too many risks which didn’t work out to our benefit.

A good principle to follow is take more risks  with potentially good rewards in young adulthood and middle age and take fewer risks, especially financial ones, in old age.

If you are getting bored with life then take a risk and try something new. Learn a new skill, acquire new knowledge, or do something different by tasting a new healthy food, listening to old popular music before your birth, shopping in a new store, or communicating with a new friend.

Most humans are trapped in their bad habits or old habits and never risk venturing forward and trying to find something new to do in their lives. Sometimes doing something new can keep life interesting even into old age when most humans erroneously think that they know it all.

 

If you liked this evergreen truth blog then read more of them, about 900 so far, and one or more of my evergreen truth books, especially COMMON SENSErays of truth in a human world filled with myths and deceptions.

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THE TRUTH ABOUT SPECULATION

1speculation

Speculation: n. doing an investment which is frequently a very risky action(s) for short or long duration profit with a subset(s) which is frequently money

Speculation in its broadest sense can be thought of as taking a risk by investing in something which may increase or decrease in value with time.

Frequently speculative investments are very risky and considered to be rather unwise investments because you can lose all or most of the value in a rather short duration.

If you liked this evergreen truth blog then read more of them, about 900 so far, and one or more of my evergreen truth books, especially COMMON SENSE rays of truth in a human world filled with myths and deceptions.

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THE TRUTH ABOUT CLOUD COMPUTING

cloud-computing3

In its present state cloud computing is a severe security risk for private information and the data may actually be stored in a foreign country without legal jurisdiction over it. Your data may be altered at will and there is not guarantee of its accuracy in the long duration. In effect cloud computing in its present state is a very risky crap shoot until reliable laws are passed which make cloud computing a trustworthy enterprise.

http://malagabay.wordpress.com/2014/05/18/cloud-computing-crud/

If you liked this evergreen truth blog then read more of them, about 800 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

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