what advice would you give someone you believe to be excessively wary of risk?

I think that would depend upon what you mean by "excessively."

If we never took risks, we wouldn't get in a car or plane; indeed, we wouldn't even cross the street. Columbus took a risk -- and here we are!

On the other hand, some of the big financial institutions took huge risks in loaning money to people who couldn't repay them. These institutions lost -- big time.

Moderate risks, of course, are necessary for success. If a manager never risks researching a new product or trying innovative techniques and technologies, then she will not help the company increase its sales and profits.

This is the whole question

what advice would you give someone you believe to be excessively wary of risk?assume you are an investor in the stock market

A person who is excessively wary of risk should NEVER invest in the stock market!

No stocks keep increasing in price over long periods of times. Although there are some fundamental economic principles involved in stock prices, essentially, it's investor emotions and perceptions that drive the stock market.

I'd advise this person to invest in government bonds. There's no risk, but very small returns.

If you come across someone who appears excessively wary of taking risks, it's important to understand that everyone has their own comfort level when it comes to risk-taking. However, if you feel that their excessive caution is hindering their personal or professional growth, here are a few pieces of advice you could offer:

1. Identify and evaluate potential risks together: Encourage them to thoroughly analyze the risks involved in a particular endeavor. This can help them gain a realistic perspective and understand which risks are legitimate concerns and which are minimized by proper planning.

2. Start with smaller risks: Suggest that they take small steps towards risk-taking by starting with low-stakes situations. Gradually expanding their comfort zone may help them build confidence in managing risks.

3. Educate oneself: Learning about risk management strategies and acquiring knowledge in the relevant field can help reduce uncertainty. Encourage them to gather information, seek expert advice, and study successful risk-takers for inspiration.

4. Provide support and reassurance: Fear of failure often underlies excessive cautiousness. Offer emotional support and remind them that setbacks are a natural part of life. Emphasize that learning from failures is essential to personal growth and resilience.

5. Set realistic goals: Encourage them to set achievable goals that require a moderate level of risk-taking. Setting goals can help them stay focused, motivated, and provide a sense of purpose.

6. Highlight the potential rewards: Help them understand the potential benefits of taking calculated risks. By focusing on the potential rewards, they may be more willing to step outside their comfort zone.

7. Lead by example: Demonstrate your own willingness to take risks and share your experiences of how risk-taking has benefited you. When they see others embracing risks and reaping the rewards, it can inspire them to do the same.

Remember to be patient and respectful of their boundaries. Everyone has their own pace of growth and comfort level with risk, and pushing someone too hard can create additional anxiety. Encourage them to challenge themselves at their own pace, while offering guidance and support along the way.