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February 19, 2022

The biggest misconception with risk.

Fortune favors the bold.

Is this because of some magic quality of risk, or fortune? Probably not.

Not taking risk is actually likely the highest risk behavior you can likely make.

People severely underestimate the risk of NOT taking risks. – Truth Cake

It’s the same old stupidity of the saying that “A funny thing about regret is, that you regret doing the things you didn’t do more than the things you did do.”

That saying is a great example of muddled thinking that plagues all of us. Because doing ‘nothing’ is doing ‘something.’

Watch me show you how to regret everything. Let’s pretend you were debating on going on an exotic vacation and you’re thinking that you’ll regret it if you don’t go, since you regret the things you didn’t do (ie. go on vacation).

“I’m going to stay home and not go on vacation.” – I regret not going on vacation, because it was something I “didn’t do.”

“I’m going to go on vacation and not stay home.” – I regret not staying home, because staying home was something I “didn’t do.”

The same illogical nonsense is present when it comes to thinking about risk. In that feeling like you’re NOT taking risks is actually taking a risk. It’s all just a word game in your head making you feel ‘safe’ by not taking risks, but again, you’re taking risks.

Jew in 1940 Germany, “We should take a risk and flee to the USA to make a new life.”
Risk-adverse Jew, “That’s a huge risk to leave everything behind like that!!”

Is it?! Is it such a big risk? No, it isn’t.

Stop thinking in terms of just the risk of doing something and start thinking about the risk of NOT doing something.

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