When you take a “big risk” and it actually pays off, Did you actually take a risk?

[brocode]

"Did you actually take a risk?" makes risk out to be something "real" or objective, when it's an entirely subjective value that actors attach to actions. It's like saying, "If you thought a song was good, and then think it's bad, was it actually good?"

yeah, so what's risk then?

why is it factored into so many everyday situations scenarios and analyses? how do you make it a tangible thing?

[Honest]

yeah, so what's risk then?

why is it factored into so many everyday situations scenarios and analyses? how do you make it a tangible thing?

Risk has numerous meanings. But basically its a concept to represent high chance of failure and/or a failure which results in extremely bad consequences.


It's factored into everyday situations because it's useful. You can't make it tangible, because it's a subjective human judgement.

[brocode]

Risk has numerous meanings. But basically its a concept to represent high chance of failure and/or a failure which results in extremely bad consequences.


It's factored into everyday situations because it's useful. You can't make it tangible, because it's a subjective human judgement.

you're getting quiet at it, at the end of the day it is a probability of something unfavorable happening. we just calculate it so that we can avoid unintended consequences.

[Honest]

you're getting quiet at it, at the end of the day it is a probability of something unfavorable happening. we just calculate it so that we can avoid unintended consequences.

Uh, yeah, that's what I said...

[brocode]

Uh, yeah, that's what I said...

you meant to say that, i said the exact words

semantics etc i know but still wanted to get it exactly right