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>This is not simple and I don't follow that it's true a priori. Is it not? 1. Having something comes with the risk of loosing it. 2. with risks comes the pot
by sixstringbudha 8y ago
>This is not simple and I don't follow that it's true a priori.
Is it not?
1. Having something comes with the risk of loosing it.
2. with risks comes the potential to add worry.
3. People with more to lose have more potential to be worried about it
How is my reasoning flawed?
The only thing you cannot lose is your past. You might lose the memory of it, but that does not nullify it's existence.
- Chris2048 8y agoThis is not logical reasoning, there are too many gaps. Logical reasoning works best with absolutes, things like individual motives (applied to larger populations) and "risk", "worry" etc have a lot of nuances - you need to work with probabilities backed by data.
- sixstringbudha 8y agoThat is why I said potential..
- jezclaremurugan 8y ago1. Having more of something - gives one the tolerance to lose some of it without feeling the pinch. 2. Again - the ability to take risks increases - this is one reason the rich get richer - they can make riskier investments while the poor can't make such bets 3. People with more to lose - are the people who lose a greater percentage of their savings - a rich person losing $1000 vs a poor person losing $1000 - a poor person loses more
- sixstringbudha 8y agoI am talking about prospect of losing everything. Not some of it...
- antidesitter 8y agoBut the probability of loosing your life savings is greater if you’re poor (since the quantity is smaller), so you have more to worry about.
- sixstringbudha 8y agoBut loosing a million bucks is going to hurt much more than losing 100 bucks. Apart from that, it is much easier to sit on 100 bucks, not doing anything with it, than to sit on a million dollars. Doing nothing with money is less worrisome than taking risks with a lot of money..