The document outlines 6 mistakes that executives make in risk management. These include thinking extreme events can be predicted, believing studying the past helps manage future risk, failing to consider advice against certain practices, assuming risk can be measured with standard deviation, not appreciating mathematical and psychological differences, and prioritizing efficiency over redundancy. The conclusion recommends not ignoring rare but impactful events, accepting limits on prediction abilities, avoiding techniques that preserve an illusion of understanding risk, and changing how risk is thought about to avoid these 6 common errors.