This is a rather bold assertion, but I believe it to be very true. Some examples:
Stock market: Options and other derivatives.
Commodity and currency markets: Hedging or futures.
Business and personal economy: Insurance, portfolio management,
Personal health: Excercise, healthy food, vacations
Personal Career: Education, training, parallell ventures
Project Management: Real Options, Risk and change management
Engineering: Modularity, flexibility
Medicine and psychology: Alternative treatment forms
My note to self? Whatever the challenge, there will be heging possibilities that for a limited cost will reduce the risk we are facing.
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