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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (4203)	12/30/2019 2:24:38 PM
From: Elroy Jetson	Respond to of 13803

With 30,000 cut-off by the Gippsland bush fire it's very possible a couple of hundred people or more could die in the fire, just as with the 180 who died in 2009 - or none. Or this time it could be thousands. Statistically they probably feel safe knowing historically that 99.4% of those who previously refused to leave survived. Although I think there was a more complete evacuation in 2009. Now if this were a lottery where each ticket gave them a 0.6% chance of winning a million Dollars, almost all would probably assess those odds to be lucky enough to warrant buying a ticket. A 0.6% chance of dying in a fire is almost nonexistent, but a 0.6% chance of winning a lottery is huge. Humans perceive risk oddly.