July 30, 2009

Life Value and the Paradoxes of Risk

 Abaixo publico trecho do discurso de Charles S. Sanford Jr. na cerimônia de formatura de 1989 na University of Georgia.

“In the conventional wisdom, risk is asymmetrical: It has only one side, the bad side. … This conventional view of risk is shortsighted and often simply mistaken. … Successful people understand that risk, properly conceived, is often highly productive rather than something to avoid. They appreciate that risk is an advantage to be used rather than a pitfall to be skirted. Such people understand that taking calculated risks is quite different from being rash.

“This view of risk is not only unorthodox, it is paradoxical—the first of several paradoxes that I’m going to present to you today. This one might be encapsulated as follows: Playing it safe is dangerous. Far more often than you would realize, the real risk in life turns out to be the refusal to take a risk.”