this post was submitted on 08 Aug 2023
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Yes. There is an entire field of risk management devoted to this topic. It's complex.
There are some strategies that you can use in a wide variety of situations: commit as late as possible, figure out how to undo something before you do it, imagine the worst consequences to an action and then decide if you can accept that worst outcome.
How to do those things? It depends on the situation. What else can you do? It depends on the situation.