Recommendable! It is a several decades old, well known subject that in Western countries risk taking is more and more frowned upon by too many of its citizens!
"... There are many reasons for our declining risk tolerance. We were raised and live in a richer society, where we need to take fewer risks. The government plays a growing role in removing risk from our lives, from the financial system to the workplace and beyond. We wind up less used to confronting risk—and less prepared for life’s inevitable shocks.
This threatens not only our resilience but also, over time, our prosperity. Risk is critical for a flourishing society and vibrant economy. Investors and entrepreneurs must take chances to find new innovations. Individuals need to do so as well, in order to achieve their personal and economic potential. If well designed, regulation can help us balance risk and reward sensibly. But our goal as a society seems more and more to be reducing risk at all costs. ..."
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