The Mudcat Café TM
Thread #106564   Message #2209411
Posted By: Bill D
05-Dec-07 - 04:44 PM
Thread Name: BS: Risk Management, Or, How Much Is Too?
Subject: RE: BS: Risk Management, Or, How Much Is Too?
I look at statistics. Then I determine as best I can how much control *I* have over becoming a statistic.

I see that a certain % of woodworkers eventually experience cuts and lung problems...but I also see that adopting certain rules and habits can put ME on the 'safer' side of the bell curve, so I do my woodworking and use safety procedures and wear dust masks and never drink before using equipment.
   In the same way, I drive autos, even though terrible accidents happen every day....but I do NOT speed (much) and I am not a type-A impulsive driver, and won't ride with those who are.
   On the other hand, I always wanted to climb mountains and ski-jump....but I see that even the BEST of those who do often experience serious injury, because of the limits of their control over the outcome, so I choose NOT to try those things.
   I do NOT gamble...I KNOW the odds are against me, and I have little disposable income. I do not play the stock market, as it takes way too much study to avoid is being just another form of gambling.

   This life is quite complicated, but as long as I can find enjoyment thru reasonably safe practices where *I* have significant control, I will play the game. No...I'm not an adrenaline junky.