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Old 20th June 2011, 20:55     #157
Golden Teapot
Love, Actuary
 
Quote:
Originally Posted by ^BITES^
So still trying to talk around the fact that NOTHING is secure, change tact, same shit.
Turn your eyes on this time and read.

My point was that it is not useful observing that nothing is secure since this requires introducing events that have no practical probability of occurrence.

In every valid context examined by the direction of your argument risk can be mitigated to the extent that it is acceptable at all levels from the individual up through every legal construct ultimately ending in everything contained under the umbrella of mankind.

Most businesses operate at probabilities of insolvency measured in percent. Highly regulated companies (financial services) are almost never required to get down lower than a 0.01% chance of insolvency over the short term. Any part of your argument that involves in aggregate a risk lower than that is irrelevant; theoretically present but utterly uninteresting.

Do you now understand?
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