Tim Harford joins Nate and Maria to talk risk-taking, cons and cautionary tales on #RiskyBusiness

I mean are there like two or three or one big takeaways like common patterns and when you know something is becoming a cautionary tale or a con uh at at the the risk of quoting that uh classic opening line of of Anna Karenina uh that you know every all happy families are alike and every unhappy family is is unhappy in its own way I think one of the Striking things about cautionary tales is there are a lot of different ways for things to go wrong I mean it's a miracle that that human civilization survives actually given how many different ways there are to go wrong but I mean that is part of the the slightly perverse Joy of of researching and writing these cautionary tales is there there is always a new disaster and always a new way for disaster to happen you make that sound almost gleeful I have to remind myself from time to time that like I'm not supposed to be enjoying this