278: The Risk See-Saw, (We Don’t Understand Life’s Real Risks). PART 12, The Myth of Failure Series

Part 12 of 12, of Season 5: ‘The Myth of Failure an Re-framing of Risk.’ The conclusion to the series is another first-time idea, very Taleb-inspired, called ‘The Risk See-Saw’. It denotes that, trying to control for Small Risks creates big risks, but trying to avoid big risks makes us more sensitive to small risks… the theory is that most of us spend our entire lives worrying about exactly the opposite things we should be worrying about… and we end up creating them.

We hope you enjoyed the series. Thanks, and remember, keep opening Doors for others.

For the rest of the series head to Youtube, Spotify, Apple or wherever you get your podcasts.

FULL WRITTEN BLOG POST ON THE RISK SEE-SAW:

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SUMMARY:

0:00 An example of Hidden Risk
1:48 What the hell is a 'Risk See-Saw'?
14:11 Understanding Risk See-Saw Problems on the societal level.
19:08 Is investing a distraction from the real things in life?
23:20 And now yapping about people who miss the point at work.  
26:16 Now yapping about Awareness and tangibility for some reason. Is the economy just b.s.?
32:28 Geez now talking about Voldemort and love. How is this relevant?
36:15 Luke loves Jordan Belfort. Tactics come from ego.
43:01 Get off your high horse Joe. You're not an Ethics Professor.
47:19 The Risk-Takers are actually the conservative ones?