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I have sometimes been too risk averse | David Spergel '82
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David Spergel '82 is a Professor of Astrophysics and Chair of the Department of Astrophysics at Princeton.
Q. Have you taken any major risks in your career?
A. I think I have sometimes been too risk-averse, you know. I think I have probably missed some opportunities, perhaps intellectually and professionally, by not taking risks. Some of that is that I've been pretty comfortable where I am, happy where I am, so you don't want to take those chances. There are times when I've taken risks and they failed, and that's been ok—they've worked out well anyway. Some of the risks that I’ve taken accidentally worked, or certainly choosing to work on the problems sometimes blossomed into new things… but there are also choices I’ve made where I've worked on the field for a year or two, tried to develop some theoretical ideas, and it didn’t work out. So I think it's important to take risks, but it’s also important to know when to stop— when you play poker, it’s important to know when you need to leave the table; when you're working on a scientific problem, I think it's a good approach. If at first you don't succeed, try, try again… but after three tries, move on to something else.
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Produced by Lisa Einstein '13
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Q. Have you taken any major risks in your career?
A. I think I have sometimes been too risk-averse, you know. I think I have probably missed some opportunities, perhaps intellectually and professionally, by not taking risks. Some of that is that I've been pretty comfortable where I am, happy where I am, so you don't want to take those chances. There are times when I've taken risks and they failed, and that's been ok—they've worked out well anyway. Some of the risks that I’ve taken accidentally worked, or certainly choosing to work on the problems sometimes blossomed into new things… but there are also choices I’ve made where I've worked on the field for a year or two, tried to develop some theoretical ideas, and it didn’t work out. So I think it's important to take risks, but it’s also important to know when to stop— when you play poker, it’s important to know when you need to leave the table; when you're working on a scientific problem, I think it's a good approach. If at first you don't succeed, try, try again… but after three tries, move on to something else.
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Produced by Lisa Einstein '13
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