The Offshore Voyaging Reference Site

Great Risk Quote

You should obsess over risks that do permanent damage and care little about risks that do temporary harm, but the opposite is more common.

Morgan Housel

Morgan is one of the best thinkers about financial risk around. Often his thoughts apply to offshore voyaging too.

This one applies best to the majority of cruisers who worry about lithium battery load dumps blowing the diodes in their alternators, a comparatively easy problem to fix, and completely miss the much greater risks from load dumps.

1 Comment
Inline Feedbacks
View all comments
Dick Stevenson

Hi John and all,
I think of this as the “Down-side ante” in my risk assessment: what is the worst-case scenario. And then weigh the pros and cons, with an eye to how much effort is warranted to lessen the potential impact.
My best, Dick Stevenson, s/v Alchemy