Good decision makers can recognize “one way doors” and adjust their risk tolerance accordingly. But I think it is important to also realize that what is risky

Good decision makers can recognize “one way doors” and adjust their risk tolerance accordingly. But I think it is important to also realize that what is risky to one person, might not be risky to another. Either because they are at the end of one of the spectrums: 1. They have nothing to lose 2. They have so much, that losing doesn’t hurt them very much Everyone in the middle of that spectrum has something to lose and will experience varying levels of painfulness if they fail. It is easy to just call them pessimists, but they might just have a different perspective from where they are in life. But that goes both directions. Pessimists should also realize that optimists see things differently from where they are, and not try to bring them down to their reality.