On Thu, May 15, 2014 at 1:09 PM, Doug Hughes <[email protected]> wrote: > Risk avoidance usually means something different than the meaning you are > trying to impart. Yes, it could mean doing something that increases risk > over the long run, given that interpretation. But, risk is not a zero sum > game. There are often ways to avoid risk without taking on longer term > risks. Take investments, for instance. You can invest in risky securities > and either hit it big or lose everything. Or you can not invest in > non-risky investments like sticking with solid divident paying investments > or bonds with very low risk. This is the kind of risk avoidance that > documents like this are generally referring to. Actuarial sciences are > often used to help quantify these. Sometimes risk is totally avoidable, > sometimes it is minimized with mitigation controls and planned event > triggers, and sometimes you might just have to roll the dice. >
I agree. These are different kind of risks. Tom -- Email: [email protected] Work: [email protected] Skype: YesThatTom Blog: http://EverythingSysadmin.com
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