This is Optimal Living Daily Episode 1518,

analyzing risk by Tynan of Tynan.com,

and I'm Justin Mollick.

This is the podcast where I act as a personal narrator for you for free,

usually from blogs, sometimes from books,

but in either case always with permission from the authors.

We have five shows total where we do this,

just search for Optimal Living Daily

to check out the other topics we cover,

but for now, let's get right to it as we optimize your life.

Analyzing Risk by Tynan of Tynan.com

On a recent podcast I was on, I was asked why I took so many risks.

I stuttered for a second before answering the question

because I was trying to think of an example of a big risk I took.

I couldn't think of any, so I had to answer the question in a different way.

At the same time, I understand why people have the perception

that I take a lot of risks.

I think the difference is in how we perceive risks,

and I argue that my method of doing so is more accurate.

When I calculate risk, I look at the statistics,

and before blindly applying them,

I ask how relevant they are to me as an individual.

...