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RE: [sharechat] Re: Gambling


From: "Gavin Treadgold" <gav@rediguana.co.nz>
Date: Fri, 19 Mar 2004 00:34:14 +1300


> Well actually that phrase is only known in the English
> language. It is a common problem in English speaking
> countries and Chinese people.

Hi Woody.

You could probably confirm this, but I seem to recall that the Chinese
symbols for crisis are danger and opportunity. This is clear recognition of
speculative risk - the representation of both upside and downside. Smart
people.

And it is not just english, checking an online dictionary, the english word
risk is derived from French and Italian.
<http://www.m-w.com/cgi-bin/dictionary?book=Dictionary&va=risk&x=0&y=0>

One of the earliest definitions of risk I think was an Italian word that
meant something about 'walking around the edge of a cliff', but I can't find
that reference right now.

So don't blame it on us English speakers - as usual we just stole the
concept from those who came before... :)

Cheers Gav

PS a decent historical read about risk is Against the Odds
<http://www.amazon.com/exec/obidos/tg/detail/-/0471295639/qid=1079609410/sr=
8-4/ref=pd_ka_4/104-5367453-8764757?v=glance&s=books&n=507846>



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