Tag: addiction
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The Rollercoaster of Life: Risk, Reward, and Lessons for the Young …. Part Three
I just can’t wrap my head around why folks dodge taking risks even when the odds are practically winking at them. Picture this: If they think a team has a 60% chance to win, they’re also aware of that pesky 40% chance of losing. Yet, it’s like the idea of losing throws them into a…
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The Rollercoaster of Life: Risk, Reward, and Lessons for the Young …. Part Two “Probability and Risk”
In part one, I concluded by proposing that a key to success lies in mastering the harsh game of probability and taking risks. Essentially, this means gambling. This idea is fundamental and worth deep reflection. For instance, Webster’s dictionary defines risk-taking as: Engaging in an action that involves danger or risk to accomplish a goal.…
Old Man Pondering 