How much risk are you prepared to take? 6 Minute English
ฝัง
- เผยแพร่เมื่อ 30 พ.ค. 2018
- Improve your English vocabulary and speaking with 6 Minute English! In this programme, Rob and Neil discuss risk and how different people react to different levels of risk in different ways. We hear from an expert who describes the different types of risk-takers and how knowing your risk type can help people such as financial advisors, make decisions for you.
You'll find the key words and the transcript here:
www.bbc.co.uk/learningenglish...
𝐌𝐨𝐫𝐞 𝟔 𝐌𝐢𝐧𝐮𝐭𝐞 𝐄𝐧𝐠𝐥𝐢𝐬𝐡 𝐞𝐩𝐢𝐬𝐨𝐝𝐞𝐬:
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𝐕𝐨𝐜𝐚𝐛𝐮𝐥𝐚𝐫𝐲:
𝐫𝐢𝐬𝐤-𝐚𝐯𝐞𝐫𝐬𝐞
describes people who don’t like risk
𝐫𝐢𝐬𝐤-𝐭𝐨𝐥𝐞𝐫𝐚𝐧𝐭
describes people who don't mind risk
𝐫𝐢𝐬𝐤 𝐬𝐞𝐞𝐤𝐞𝐫𝐬
describes people who like risk and want risk are
𝐭𝐨 𝐚𝐬𝐬𝐞𝐬𝐬
to make a judgement or a decision based on information
𝐭𝐨 𝐩𝐮𝐭 𝐦𝐨𝐧𝐞𝐲 𝐚𝐰𝐚𝐲
to save money
𝐫𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭
time of life when you are too old to work anymore or you have enough money that you don’t need to work anymore.
[Images: GETTY IMAGES]
#BBCLearningEnglish #6MinuteEnglish #LearnEnglish
I am in the third group: risk seeker, mean while, my mom is a risk-averse. We always have arguments about what I should or shouldn't do. She will tell me that I am not a good daughter if I don't follow her advice.
BBC, I owe you guys my c1 level of English! For I've been using your contents since years ago!
Hi Erick Carrillo. This is great! We are glad you find our content useful. ☺️
Description!!!
Neil: Hello and welcome to 6 Minute English, I'm Neil and joining me today is Rob.
Rob: Hello.
Neil: So Rob, what’s the most dangerous thing you’ve ever chosen to do?
Rob: Mmm. Tricky question. I've done many risky things but probably the most risky thing is bungee jumping in New Zealand.
Neil: Oh wow, bungee jumping. You'd never catch me doing that. Did you enjoy it?
Rob: No, not really. I won't do it again!
Neil: OK, well today our topic is risk and how different people react to different levels of risk in different ways. For example, would you be happy to be in adriverless car?
Rob: Absolutely not! No, I don't trust anybody's driving even a computer so no,I wouldn't go in a driverless car.
Neil: OK, I won't offer you a lift! Driverlesscars are the topic of today’s quiz.The question is: When was the first driverless car demonstrated on a public road? Was it:a) 1970s, b) 1950s, or c) 1920s.
Rob: I think they are quite modern, so I’mgoing to say 1970s.
Neil: OK, well we’ll find out if you’re right at the end of the programme. Joe Kable is an Associate Professor of Psychology at the University of Pennsylvania. In a recent BBC science programme, All in the Mind,he talked about the psychologyof risk and whether there was anything physically in our brains that could predict how much risk we are prepared to accept.Here he is, first talking about a number of different ways people see risk. How many different types does he describe?
Joe Kable: Some people are quite risk-averse and really don’t want to take any decisions where there’s risk involved at all, whereas others are fairly risk-tolerant and in some cases even risk-seeking so, they seek out decisions that have an aspect of risk to them.
Neil: How many different types of people did he mention, when it comes to attitudes to risk?
Rob: Well there were three. The first group was those who are risk-averse. If you are averse to something, you are against it,you don’t like it. So risk-averse people don’t like to take risks.
Neil: The second group are those who are risk-tolerant.If you are tolerant of something, you accept it, you don’t mind it, it’s not a problem for you. So someone who is risk-tolerant is not worried by an element of risk in what they choose to do.
Rob: The third group he mentioned are those who are risk-seeking. If you seek something, you actively look for it,you try to find it.So risk seekers are those who enjoy risk and what to take risks in their life.
Neil: Associate Professor Kable carried out research on risk-taking and discovered that there were differences in brain structure and the way parts of the brain worked together between those who are risk-averse and those who are risk-tolerant or risk seekers.
Rob: So it seems as if this is something that could be measured. You could put someone in a brain scanner and tell ifthey like risk or not.I wonder how useful that would be though,is there any practical application for this knowledge?
Neil: Good question and one that was put to Kable.What area does he say this could be applied to?
Joe Kable: Definitely something that I can see coming out of this is using the seassociations to help develop better assessments of who’s likely to take risksversus not. This is exactly the thing that financial advisors want to assess when you come to them and say ‘I want to put my money away for retirement.’Exactly the aspect of your personality that they want to know is what’s your tolerance for taking risk?
Neil: In which area does he say knowledge of someone’s attitude to risk might be useful?
Rob: Financial planning. He says that financial advisors, who are people that give advice on what to do with our money,would find this information very useful.It would help them to assess what to do with your money, which means it would help them to decide, to make an intelligent decision about your money incertain situations.
Neil: For example if you are planning for your retirement. Retirement is the time when are able to or you have to stop working.
Rob: He also used an interesting expression there: to put your money away,which means 'save your money', 'put it somewhere where you can’t spend it and where it can grow'.You know I think my financial planner could just ask me about how I feel about risk rather than giving me a brain scan.I heard brain scans can be risky!
Neil: Mmm, not sure that’s true but anyway, what is true is the answer to this week’s quiz question. I asked you when the first driverless car was demonstratedon a public road. The options were a) the 1970s, b) the1950s and c) the 1920s.What did you say Rob?
Rob: I said the 1970s.
Neil: And you were wrong I'm afraid.Apparently it was the 1920s so a long time ago. Well done if you got that right.Now before we drive off into the sunset,let’s recap today’s vocabulary.
Rob: Yes right, first we had three words describing different attitudes to risk.There was risk-averse, for people who don’t like risk.
Neil: People who don’t mind risk are risk-tolerant.
Rob: And people who like risk and want risk are risk seekers.
Neil: Next we had the verb to assess.This means 'to make a judgement or a decision based on information'.
Rob: A phrase meaning 'to save money' isto put money away.
Neil: And finally we had retirement. That time of life when you are too old to work anymore or you have enough money that you don’t need to work anymore. Are you looking forward to your retirement Rob?
Rob: Cheeky. I’m neither old enough nor rich enough to even think about that Neil.
Neil: Same here. Well that’s all from us today, and you don’t have to be a risk seeker to find us on Facebook, Twitter, Instagramand TH-cam, and of course on ourwebsite bbclearningenglish.com!Thank you for joining us and goodbye.Rob: Bye!
Superb job
You are the best channel to learn English and I was looking for such a channel, thank you very much
Thanks for your comment Abdullah.
Thank you.
This was just what I needed! I'm taking my exams next week and we'll almost surely be asked about taking risks. Thanks!
Good luck for your exams!
NeulSung Park lol
Thanks bro
Cool, I like the program n it's concept. Thanks for.
You're welcome, Rk Joel. We are glad you like our video.
BBC has been helping me in English vocabulary ever since I started preparing for IELTS and I'll be taking my IELTS test this Saturday! Wish me luck!
The best of luck, constance! 🍀🍀🍀
We have a series on Exam Skills - it might help: th-cam.com/play/PLcetZ6gSk969ut_8fqiLtGeeVCNjcELix.html
BBC Learning English Thank you so much!! I'll watch them and be prepared!
Wish you luck! I am going to take the IELTS exam at the end of this year. BBC learning English is so helpful! ^^
I think the best thing to do here is to be in the middle. It's good to take risks, but not often in my opinion. Risks can help in many aspects of life. It's connected to some responsibilities people can take up. But to see success in risks we should be more lucky. When we take risks we can loose everything or get everything. Thanks BBC
Appreciated
According to what you've discussed, I should be a risk seeker 😅 because freelance translators tend to be so 😉
Behind risks are some profits or losses. Accepted Risk or Unaccepted Risk.
Obviously I’m risk averse, if we speak about risk that can bring physical harm potentially. But there is another type of risk. For example, risk to change your life while you moving in another country to settle down. Here I would say that I’m risk seeking.
My attitude to slow down of risk is reducing of tax!
I say no to buy more
Thnx Britishs
"before we drive off into the sunset"... interesting expression. But, what does it mean?? I'm not sure I got it.
He's using an expression often used at the end of films to mean "to begin a new, happy life at the end of a story." He's not really going to do that though, he was just being funny!
I think I'm risk-averse
I'm cautious in making descions against my sister she is risk-seeker .
cheeky. I didn't understand this expression. Please tell me what it means.
Hi English the need of the day anil. It means: slightly rude, but often in a funny way.
BBC Learning English Thanks for your sincere concern.
I think that you should add engsub. It will easy understand
Hi Thảo Nguyễn These videos have subtitles. There is an option on the video player to turn the subtitles on and off. And you are welcome to visit our website (transcript and vocabulary): www.bbc.co.uk/learningenglish/english/features/6-minute-english/ep-180531
I am a risk-averse. I carefully put away my money in the stock market.
6minutes is always difficult for me.
Hi aagrape. Listen to the programme once to see how much you can understand. Then listen to it again, with the transcript - you'll find it here: www.bbc.co.uk/learningenglish/english/features/6-minute-english/ep-180531
I really want to visite New Zeland do bung and do jumping...
Hi
risk is my last name ☠