It is all about variance. Higher variance activities have both more potential upside and more potential downside. Risk management is all about figuring out how

It is all about variance. Higher variance activities have both more potential upside and more potential downside. Risk management is all about figuring out how to improve average upside. In investment, that probably means placing a variety of bets. In one's personal life, nearly everyone I know has a story about how they benefited from being talked into trying something they wouldn't have otherwise presumed interest in. Be that a hobby, a blind date, a job, going to talk/meetup. Even just listening to a song/album.