Tagged: risk management

The gift of fear

(To a large extent, this blog is oriented towards money. But when I talk about “wealth” and “risk” it’s important to think in much broader terms. Wealth is not just about money. And managing...

“The truth is usually better than the nightmare.” What do we do when the unthinkable happens?

How do people respond when the unthinkable happens? How should we respond? 

In this article I discuss some of the lessons from Amanda Ripley’s terrific book The Unthinkable, which discusses extreme circumstances and events, and how people tend to act when the unthinkable happens. Ripley provides guidance for how we can improve our chances if the unthinkable occurs – and a number of tidbits that can make us more optimistic about our ability to respond to tough situations.

Kids and careers

This article springboards off a powerful (and forceful) article which states: “You. can. not. afford. to. be. a. stay-at-home mum.” My message isn’t quite as drastic as that, but when you have young children, there are career risks that need to be managed and opportunities that can be pursued.

Do you really want to retire? I don’t.

I want to die with my boots on. Not because I’ll need to work, but because I’ll want to. You might be the same. Because work isn’t all about money. 

When you realise you may not want to work for longer, there are some implications that follow from this. This article explores some of these implications. 

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Risk management for ballers

An amazing story about George Clooney: Rande Gerber (one of Clooney’s good friends) recently told a story about Clooney inviting 14 of his closest friends to his house on 27 September 2013. Clooney said...

Money is not the measure (risk edition)

While I’m talking about money not being the measure… It’s worth bringing attention to a thought-provoking article by Cathy O’Neil titled “The basic unit is risk“. O’Neil shares a “pet theory”, arguing that: speaking...