Just a thought about horseownership: did you look at the breakdowns per riding style (or other factors)? At a stable where I used to take lessons, among the few men who where there were police officers who volunteered to learn how to ride when someone gifted their town with horses intended to be police horses. (It worked out quite well for both the policemen and the horses - they were very popular in their downtown area).
I haven't seen breakdowns for that, but that's a very interesting anecdote!
One thing I saw was that in some countries (ie. Asia) is was still more popular for men. I'm guessing this may be more about access than the fact that men are more interesting in horses than women over there, but that's just a guess.
One positive thing I think that can come from being anxious is vigilance. You can will spend a lot of time researching and preparing for possible outcomes, which I think could be beneficial for financial related tasks. The downside is the fatigue from being vigilant and also what you mainly focused on which is the possibility of making rash short term decisions based on irrational fears.
I always had some generalized anxiety from childhood trauma that made me fairly vigilant but I developed an anxiety disorder in my early 30s that manifested after working 70 hours a week for 4 years building my consulting company. I would have horrible panic attacks out of nowhere, they were unpredictable and uncontrollable. It wasn't a good time, but that wasn't the kind of anxiety that would keep me from making sound financial decisions.
My partner has a lot of general anxiety about being poor when she is older, it's really a phobia, also childhood related. I would say it also has mostly a positive effect on her long term investing decisions, though I think it makes her generally more risk averse.
That's a great point, Kris. Anxiety is definitely an adaptation (in the evolutionary psychology sense) and has many benefits. Like many useful things, it's when it's pushed too far that things go wrong. But up to a point, I'm sure it can be a good source of motivation to plan and prepare.
Loved your comments on anxiety. Knowing a high anxiety person (I'm the opposite) who is always concerned about what could go wrong. The hyper-sensitive smoke detector is a great example. It is how that person is wired (not good or bad, just a personal characteristic) like me having brown -- turning grey -- hair. I think it does take knowing someone who is high anxiety to appreciate the difference between being nervous about a specific situation vs. someone whose default setting is high anxiety.
Yea, without my persona experience and reading about it, I probably wouldn't really know how that subjective experience of anxiety can be so different for others than it is for me.
This happens for many things in life where people are *saying the same words*, but they're not really understanding and talking about the same thing. A lot of nuance gets lost.
Just a thought about horseownership: did you look at the breakdowns per riding style (or other factors)? At a stable where I used to take lessons, among the few men who where there were police officers who volunteered to learn how to ride when someone gifted their town with horses intended to be police horses. (It worked out quite well for both the policemen and the horses - they were very popular in their downtown area).
I haven't seen breakdowns for that, but that's a very interesting anecdote!
One thing I saw was that in some countries (ie. Asia) is was still more popular for men. I'm guessing this may be more about access than the fact that men are more interesting in horses than women over there, but that's just a guess.
One positive thing I think that can come from being anxious is vigilance. You can will spend a lot of time researching and preparing for possible outcomes, which I think could be beneficial for financial related tasks. The downside is the fatigue from being vigilant and also what you mainly focused on which is the possibility of making rash short term decisions based on irrational fears.
I always had some generalized anxiety from childhood trauma that made me fairly vigilant but I developed an anxiety disorder in my early 30s that manifested after working 70 hours a week for 4 years building my consulting company. I would have horrible panic attacks out of nowhere, they were unpredictable and uncontrollable. It wasn't a good time, but that wasn't the kind of anxiety that would keep me from making sound financial decisions.
My partner has a lot of general anxiety about being poor when she is older, it's really a phobia, also childhood related. I would say it also has mostly a positive effect on her long term investing decisions, though I think it makes her generally more risk averse.
That's a great point, Kris. Anxiety is definitely an adaptation (in the evolutionary psychology sense) and has many benefits. Like many useful things, it's when it's pushed too far that things go wrong. But up to a point, I'm sure it can be a good source of motivation to plan and prepare.
Thanks for writing, great comment! 💚 🥃
Loved your comments on anxiety. Knowing a high anxiety person (I'm the opposite) who is always concerned about what could go wrong. The hyper-sensitive smoke detector is a great example. It is how that person is wired (not good or bad, just a personal characteristic) like me having brown -- turning grey -- hair. I think it does take knowing someone who is high anxiety to appreciate the difference between being nervous about a specific situation vs. someone whose default setting is high anxiety.
Yea, without my persona experience and reading about it, I probably wouldn't really know how that subjective experience of anxiety can be so different for others than it is for me.
This happens for many things in life where people are *saying the same words*, but they're not really understanding and talking about the same thing. A lot of nuance gets lost.