Safety leads to more danger

The title is bit weird. As safety is generally taken to avoid the danger. However, generally it takes us to opposite path. For instance, after the introduction of helmets in Rugby there are more fatalities than before. We generally have the notion that helmets must lead to fewer fatalities as they provide more protection. Nevertheless, we become aware that there is safety and low risk. It encourages our brain to take newer risks, leading to more danger. The cycle continues.

Let’s take one more example. In Germany, the antilock breaks were introduced to save the passengers from the crashes. However, the powerful brake gave people from freedom to do rash driving at top speed as they can stop the car quicker now.

Since we have masks, gloves and sanitizers, we are more casual and want to go out. Since we have got more confidence on our bets, we tend to take more risk as we approach things with certainty in the uncertain financial world. There is always some hidden risk, look from different lens if you are unable to realize any.

Its always good to improve things safety without letting the pilot know. As autopilot takes to more crashes. When we are not aware of the safety, our risk temperament is still the same.

During the beginning of the decade you weren’t afraid to touch anything now suddenly you are. After we have the vaccine, we will back to normal as there is no more risk as in the old days. Being risk averse always help. Be it investing or life.