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Is risk an essential element of being smart?

View Poll Results: Is risk an ESSENTIAL element of being smart?
Yes 8 38.10%
No 13 61.90%
Voters: 21. You may not vote on this poll

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Old
05-23-2010, 11:37 PM
  #1
tsipka
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Is risk an essential element of being smart?

I am having a debate about whether or not risk is an essential element of being smart and I would like to hear your view points.

Please give examples.

I know this is crazy OT

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05-23-2010, 11:40 PM
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Omar Little
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Quote:
Originally Posted by tsipka View Post
I am having a debate about whether or not risk is an essential element of being smart and I would like to hear your view points.

Please give examples.

I know this is crazy OT
Yes when it is calculated

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05-23-2010, 11:53 PM
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tsipka
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Is risk an ESSENTIAL element of being smart?
That means that you aren't smart unless you take risks.

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05-23-2010, 11:58 PM
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Omar Little
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Quote:
Originally Posted by tsipka View Post
Is risk an ESSENTIAL element of being smart?
That means that you aren't smart unless you take risks.
There are different types of smart...you could have the intelligence of Albert Einstein and never taken any risks but your still technically extremely smart even though you didnt accomplish anything. In my opinion risk taking is and essential element of being smart.

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Old
05-24-2010, 06:46 AM
  #5
njdevsfn95
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Einstein took the risk of publishing and supporting theories before the technology was created to prove them. He had some regrets about his work, too.

Risk can make you look smarter than you are or a lot dumber.

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05-24-2010, 07:17 AM
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kyle evs48
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Old
05-24-2010, 07:47 AM
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tsipka
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Ok but how does risk itself make a person smart?

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05-24-2010, 07:48 AM
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tsipka
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Was Einstein a smart man because he took a risk? or was he a smart man before that risk?

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05-24-2010, 08:03 AM
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Cowbell232
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They are mutually exclusive. There is no way to tie these two things together.

Intelligence and risk-taking are two qualities that may exist in the same person, but you can have one quality and not the other.

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05-24-2010, 08:11 AM
  #10
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05-24-2010, 08:15 AM
  #11
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risk taking?

calculating the risk involved in any activity is a sign of intelligence. A squirrel doesn't calculate the risk in running across a street to get food, but if it knew there was risk involved and then calculated the opportunity cost of crossing the street versus staying where it's safe to find food - that would indicate intelligence.

Risk taking doesn't factor into a person being smart or not - it's arbitrary how much risk is too much for each person, there's no "right" amount to avoid.

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05-24-2010, 09:01 AM
  #12
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Originally Posted by kyle evs48 View Post

hitler never played this as a kid

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05-24-2010, 09:03 AM
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Stratego is better.

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05-24-2010, 09:13 AM
  #14
tsipka
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Quote:
Originally Posted by Cowbell232 View Post
They are mutually exclusive. There is no way to tie these two things together.

Intelligence and risk-taking are two qualities that may exist in the same person, but you can have one quality and not the other.
Thank you. I still dont see how some people dont understand that.

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05-24-2010, 09:18 AM
  #15
tsipka
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Quote:
Originally Posted by Richer's Ghost View Post
risk taking?

calculating the risk involved in any activity is a sign of intelligence. A squirrel doesn't calculate the risk in running across a street to get food, but if it knew there was risk involved and then calculated the opportunity cost of crossing the street versus staying where it's safe to find food - that would indicate intelligence.

Risk taking doesn't factor into a person being smart or not - it's arbitrary how much risk is too much for each person, there's no "right" amount to avoid.
so you're saying that calculating risk is a sign of being smart and not taking risks.

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05-24-2010, 09:37 AM
  #16
Chico Eats
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I'm in agreement with anyone who used the words "calculated risk" in their post. If something can really pay off, and have little chance of a negative repercussion, and you feel like you can foresee that, then a smart man would probably take that risk. But once it gets to the point where the consequences outweigh the benefits, a smart man doesn't take the risk.

EDIT: to answer the question... risk, in itself, is not essential to be smart, but knowing when to take risks is.

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05-24-2010, 12:49 PM
  #17
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Quote:
Originally Posted by Cowbell232 View Post
They are mutually exclusive. There is no way to tie these two things together.

Intelligence and risk-taking are two qualities that may exist in the same person, but you can have one quality and not the other.
I was going to write something, but the above is exactly what I think.

Doing smart things, which most probably needs risk-taking, is not the same as being smart.

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05-24-2010, 01:10 PM
  #18
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Strategy is a sign of intelligence.
Insanity can be a strategy.
Risk can be insanity. If strategy goes well, there is no risk. In the situations where risk exists, it's either a rock-and-hard-place scenario or you didn't strategize enough.
I love taking risks, but that doesn't mean they're the best or smartest answers to situations.

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05-24-2010, 02:08 PM
  #19
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I think a better term than mutually exclusive is unrelated. Mutually exclusive means they don't exist together, while most people, I think rightly, are saying that the level of one doesn't affect the level of the other.

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05-24-2010, 02:10 PM
  #20
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A lot of people like to equate risk with stupidity. But I believe when you take risks, it means you know something other people don't.

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05-24-2010, 02:23 PM
  #21
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Quote:
Originally Posted by The Korean Kid 23 View Post
A lot of people like to equate risk with stupidity. But I believe when you take risks, it means you know something other people don't.
or believe something others don't...

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05-24-2010, 02:24 PM
  #22
njdevscup30
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I think someone said it earlier, but UNDERSTANDING risk is an essential element of being smart. Not necessarily taking risks. So to answer the question, I would say no, because as you explained, you say TAKING risks is the essential part.

Everyone has their own happiness gauge (utility function), and for some people, they get the most out of life by not taking any risks, even while being completely rational. It's all about the individual.

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05-24-2010, 02:39 PM
  #23
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An essential problem today is that people don't really understand risk. The financial crisis was in large part caused by investment banks treating value at risk models as gospel even though they had an inability to properly assess tail events. Humans have a tendency to come to decisions based entirely on the context of their past experience and knowledge, very seldom hedging against the possibility that the future may unfold in a different way than the past.

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05-24-2010, 02:40 PM
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Quote:
Originally Posted by njdevsfn95 View Post
Einstein took the risk of publishing and supporting theories before the technology was created to prove them. He had some regrets about his work, too.

Risk can make you look smarter than you are or a lot dumber.
I agree with this.

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05-24-2010, 03:10 PM
  #25
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Originally Posted by Saugus View Post
Stratego is better.
StarCraft is better than both.

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