Showing posts with label Bell Shaped Curve. Show all posts
Showing posts with label Bell Shaped Curve. Show all posts

Sunday, April 26

TAKING RISKS

They say that life is not fully experienced 
unless one is willing to take RISKS...

L  I  B...  my first comment is:  Who is hell is 'THEY'?


Risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value, often focusing on negative, undesirable consequences. Different practice areas of risk management have used many different definitions. Wikipedia...  so sayeth the online gods...

ANY RISK TAKERS OUT THERE?

Taking RISKS is like standing up for that in which you believe often referred to as INTEGRITY which more often than not will get you FIRED from your place of employment...   that is to say...  UNLESS you are an ass-kisser or kissing-the-ass of someone who is high up in the food chain.

Throughout my entire 45 year career, I have heard other retirees make the claim:  "If only I had taken more risks."  Or, "I wish I had taken more risks during my career (lifetime)."

Well, let me tell you this...  BELIEVE ME (but don't trust me), I have taken those risks that those other retirees had wished they had taken and the results were these:  risks benefited me just as often as they hurt me...


It is similar to POKER...  more often than not, people playing POKER or GAMBLING typically break-even (over a lifetime) winning as often as they lose.  In fact, according to mathematically probability (normally referred to as the Bell Shaped curve), every time one WINS one must also LOSE.

Hard to believe but it is true...  and, somewhat filled with irony in that what we might have learned in high school math could actually be of some use to us later in life.