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If it is calculated, then there is little risk ... since only positive expected results are likely
Situations where the probability cannot be ascertained ... are true risks
Along with uncertain outcomes
For me, I have discovered the perception of "risk", heavily distorts actual risk.
Thus, I have a bias towards actions and decisions others consider "too risky"
Still ... bull riding is off my list of things I would do to advance career. ... cause it is not that much fun
Situations where the probability cannot be ascertained ... are true risks
Along with uncertain outcomes
For me, I have discovered the perception of "risk", heavily distorts actual risk.
Thus, I have a bias towards actions and decisions others consider "too risky"
Still ... bull riding is off my list of things I would do to advance career. ... cause it is not that much fun