INVESTING ON THE GO
Last week, I joined a Media Synergy activity through Ramon Aboitiz Foundation’s Kool Adventure Camp. There I un-learned, learned and re-learned a lot of things about myself as well. This includes risk and adventure learning.
The things we learned did not come easy. We got to know each other – even deep dived into our biggest fears and insecurities, crossed a hanging rope/cord that wobbled while suspended 30 feet (?) above ground, or fall into empty air as we failed to cross a challenge. The Team including our facilitator took “stretch targets” very seriously.
Learning can come in all shapes and sizes, but I think the most powerful form of learning is through experience. Under experiential learning is adventure education, which is the promotion of learning through adventure centered experiences: Outdoor exploration, challenge courses, and even indoor activities.
Risk management on the other hand is a strategic approach to planning which aims to focus attention and action where it is most needed (things likely to go wrong, its consequences, & minimizing it).
Adventure learning helps people to develop the ability to cope with and experience a wide variety of challenges. Exposure to risks and teaching them to manage risks and take sensible decisions makes them safer.
As a financial education advocate, we all know what ‘risk’ means in terms of money management, but here, I was literally confronted by it –face-toface.
This made me recall the “secret of sound investment” that Benjamin Graham (Mentor of Warren Buffet) revealed – “Margin of Safety”. SAFETY in the Kool Camp is the top most priority. They provide a safe environment to not only surpass our limits (Physically, mentally or even emotionally), but also to fail, learn fast and build resilience.