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My personal risk assessment strategy is to do something like: if my chance of car accident is 1/450 per year, would I pay one car accident in order to get 450 years of driving? If yes, then I drive. I do this for nearly all my risk assessments and I'm wondering how common it is.

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@MatthewGalanty

No, it's it's pretty fast and intuitive for me at this point. Usually shows up like, I'm considering taking a risk but I'm scared, I then make sure I'm comparing the possible downside to the iterated good side, not an individual instance, and this helps tremendously.

5:07 PM · Mar 5, 2020