Active Thinking Topic 92  -  Risk


29 Sept. & 1 October 2024

Recommended viewing: Gracie Abrams (29 Jun 2024) "Risk (Live From The Today Show/2024)". Lyric @ https://www.youtube.com/watch?v=e1hik_dBuOA  [3:15 mins]

Talking Points

1. What are three situations you think of when somebody says "risk"?

2. What are some traps in reports of and advice about medical risk?

3. How are physical courage (response to risk) and moral courage (response to risk) often confused?

4. What are some typical risks involved in choosing a life partner?

5. Give an example of political risk and its consequences. When do political risk takers gain, and when do they lose?

6. A few criminals are very calculating. However prisons are full of people who have judged risks very badly? Can they be educated out of this weakness?

7. Are people who buy lottery tickets really calculating risks (odds)? Are people who buy company shares really calculating risks (odds). How do these two groups of people differ, and what is the overlap between them?

8. There has never been more advice about the risks of a poor diet .. and never more disagreement about what a good diet is. However, the largest part of the population doesn't know or doesn't care about the risks in diet. Who are these indifferent people, and why are they like that?

9. Heroic risk takers are all-time movie favourites, yet in real situations (e.g. a workplace) such people are usually avoided or disliked by those around them. What is the reason for this contradiction?

10. What are some personal risks you have taken, and what are some risks you wish you had taken?

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Extra reading and viewing

Gracie Abrams (29 Jun 2024) "Risk (Live From The Today Show/2024)". Lyric @ https://www.youtube.com/watch?v=e1hik_dBuOA  [3:15 mins]

Inspired by Florian (16 Aug 2024 ) "No Risk, No Story: The Ultimate Motivational Speech Compilation 2024" @ https://www.youtube.com/watch?v=pyzy5Zek4i8 [Quote: "Are you ready to change your life? This is your moment to embrace the "No Risk, No Story" mentality—a mindset that separates the dreamers from the doers. In this powerful motivational speech compilation, inspired by Florian and his relentless pursuit of greatness, you will discover the keys to unlocking your full potential. Remember, "No Risk, No Story" isn't just a phrase; it's a way of life..." ]

David Hillson (25 Jan 2012) Risk management basics: What exactly is it?" @ https://www.youtube.com/watch?v=BLAEuVSAlVM  [Quote: "The Risk Doctor, explains how to structure your risk process by asking (and answering) these six simple questions:
Q1. What am I trying to achieve? (Objective setting)
Q2. What might affect me? (Risk identification)
Q3. Which of these are most important? (Risk assessment)
Q4. What should we do about the most important ones? (Risk response development)
Q5. Did it work? (Risk review)
Q6. What has changed? (Risk updates, Learning lessons)."]

Thor May (2018) "The Ambiguity of Courage". @ https://www.academia.edu/36762563/The_Ambiguity_of_Courage 

Thor May (1984) "The Price of Freedom ..the true story of a Vietnamese military officer's escape from Vietnam, and its aftermath." @
https://www.academia.edu/2430900/The_Price_of_Freedom_the_true_story_of_a_Vietnamese_military_officers_
escape_from_Vietnam_and_its_aftermath 

Marvin Zuckerman (November 1, 2000)
"Are You a Risk Taker? What causes people to take risks? It's not just a behavior. It's a personality". @ https://www.psychologytoday.com/au/articles/200011/are-you-risk-taker 

Drake Baer (28 August 2014) "How Happiness, Sun, Parachutes, And Other Things Make You Make Risky Decisions". @ https://www.businessinsider.com.au/psychological-reasons-people-take-risks-2014-8?r=US&IR=T 

Matthew Jenkin (Mon 18 Apr 2016) "Risk in business: does he who dares really win?
An impulse towards risk taking can help entrepreneurs seize opportunities under stress, but resilience, optimism and timing are just as important." https://www.theguardian.com/small-business-network/2016/apr/18/risky-business-dares-win-entrepreneur 

Valerie Voon (September 6, 2016) "Why danger is exciting – but only to some people." @ https://theconversation.com/why-danger-is-exciting-but-only-to-some-people-64680 

The Wall Street Journal (13 Sept 2023) "Elon Musk Biographer on How the Tesla CEO Acts Behind Closed Doors". https://www.youtube.com/watch?v=cYBgE5C4HaY 

Gerd Gigerenzer (2013) "Risk Savvy: How to Make Good Decisions". pub. Penguin, or Kindle eBook $15.99 https://www.amazon.com.au/Risk-Savvy-Make-Good-Decisions/dp/0143127101 

Top7Debaters (4 Jun 2013) "Debate: Corruption is the only cause of a country's failure" @ https://www.youtube.com/watch?v=EJBbrIUGDu4  [Kashmiri high school student debate]

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Risks (c) Thor May 2024

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