The Death of Risk
No one wants to take the risk of caring deeply.
Heather Havrilesky • The Rise of Emotional Divestment
No wonder people hunker down and avoid committing. The macro risk is gone; nobody is seriously worried about global nuclear conflagration. [1] We’re worried about comparatively micro risks, though: financial instability; the grinding risk of having more debt and fewer assets than the previous generations; the fear of relentless social atomization —... See more
Byrne Hobart • Optionality is for Innumerate Cowards
There’s a powerful urge to think risk is something that happens to other people. Other people get unlucky, other people make dumb decisions, other people get swayed by the seduction of greed and fear. But you ? Me ? No, never us. False confidence makes the eventual reality all the more shocking.
Collab Fund • A Few Short Stories
We’re in the midst of a wild market, with people seeking to convert a thousand dollars into a million within the span of months, if not weeks. The only way to do this is to invest in highly speculative assets and commodities – things that use risk as a selling point, and not as a deterrent. And when you’re willing to lose everything in the hopes of... See more