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SVTPerformance's Chain of Restaurants
Road Side Pub
COVID cops
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<blockquote data-quote="Klaus" data-source="post: 16410220" data-attributes="member: 190070"><p>There is a well known concept in financial risk management that the perception of safety is inherently unsafe. This sounds complicated but is actually straightforward: when you think that you are safe you let your guard down and are not attentive to risk that you are unaware of. As such, the illusion of safety actually makes you less safe. </p><p></p><p>There are plenty of real world observations of this outside of financial markets, the most fascinating of which is football helmets. Despite the fact that football helmet technology has increased dramatically in recent years concussions have increased at a much greater rate. Why? Players hit with their head thinking that they are safe because of their helmet. But they are not and concussions and neck injuries have skyrocketed. </p><p></p><p>Freakonomics did a podcast on this a couple of years ago if you are interested </p><p><a href="https://freakonomics.com/podcast/freakonomics-radio-super-bowl-edition-what-happens-to-your-head-inside-the-helmet-after-a-nasty-hit/" target="_blank">The Dangers of Safety (Ep. 1) - Freakonomics</a></p></blockquote><p></p>
[QUOTE="Klaus, post: 16410220, member: 190070"] There is a well known concept in financial risk management that the perception of safety is inherently unsafe. This sounds complicated but is actually straightforward: when you think that you are safe you let your guard down and are not attentive to risk that you are unaware of. As such, the illusion of safety actually makes you less safe. There are plenty of real world observations of this outside of financial markets, the most fascinating of which is football helmets. Despite the fact that football helmet technology has increased dramatically in recent years concussions have increased at a much greater rate. Why? Players hit with their head thinking that they are safe because of their helmet. But they are not and concussions and neck injuries have skyrocketed. Freakonomics did a podcast on this a couple of years ago if you are interested [URL="https://freakonomics.com/podcast/freakonomics-radio-super-bowl-edition-what-happens-to-your-head-inside-the-helmet-after-a-nasty-hit/"]The Dangers of Safety (Ep. 1) - Freakonomics[/URL] [/QUOTE]
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