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It sounds like you're more averse to calculating risk. If you have your risk calculations right, there's no FOMO. Have a baseline for your default path. In thi
by muzani 5y ago
It sounds like you're more averse to calculating risk. If you have your risk calculations right, there's no FOMO.
Have a baseline for your default path. In this case, it's corporate ladder and promotion. How much are you investing? Maybe an extra 20 hrs/week for a 50% chance of gaining $3000/year in income? That nets to about $1500/year, $1.44/hour.
What about a side project? Maybe 30 hrs/week, 10% chance of making $500/month. So about $0.38/hour.
So in that situation, the side project may not be worth it and there would be no FOMO. But if the numbers change - less odds of a promotion, or higher income from a side project, the calculations change. This is also missing the 1% chance of making $5000/month and you might want to add that.
If your problem is that you don't trust statistics enough, maybe try playing more games. Something like poker will give you a better intuition for it, whereas a game like Xenonauts might build an intuition for being cautious but taking risk where necessary.