I love the Fool!
Elements:
- The dog:
The faithful companion who will follow the Fool wherever (s)he goes. This little dog is certainly no guide dog, no guardian spirit, brings no extra wisdom to the situation; it is literally the “moon shadow” following you. What it does bring is love and loyalty, friendship even to your and its demise.
- The Cliff
Now this is an interesting one. It can be interpreted to mean different things. Of course one meaning is that you may be “sailing close to the wind”, taking unnecessary, reckless risks and it may well end in irreversible damage.
But on the other hand, it can also represent a leap of faith; looking at the first card, the Fool launches himself into free-fall, fearlessly reaching for a higher goal. I suppose sometimes such a Fool is breaking free of a perceived limitation (gravity) and sprouts wings to reach the goal.
It can be interpreted, too, as a Fool being completely unaware what a yawning cliff awaits a foolish decision. The cliff can represent the mis-step you will forever regret.
And yet again, looking at all three cards, the common thread is the big picture. The Fool is not concerned about the past, or the stuff on the ground; he is aiming to fly. It is an ideas card. When brainstorming, put aside realism and imagine what could happen if. You may be surprised how many resources you find.
- Stepping out
The Fool has a distinct, unstoppable forward motion. There is a lot of youthful energy in this card, and natural wonder. “Get out into nature” could be one suggestion. Remember when we were children and nothing would keep us indoors unless it were actually raining buckets?
Sometimes the Fool’s message is:
Through the Time Portal 
I totally agree with you about the Fool! He represents taking risks and seeing things unfold along the way. There is a Fool in every one of us; the problem is sometimes we let fear and rationality block the ponderings our Inner Fool wants us to do. Not saying we should take unnecessary risks and have no precautions! However, we should learn to take a leap of faith and be open what unfolds for us.
I feel that the Fool also represents owning that decision to take risks. Nothing wrong with getting a little push to do something. However, a habit of doing allows for the person to blame his/her pushing if things do not work out the way he/she planned. The Fool in the Tarot knows what decision he (or she,depending on the deck) is taking and is owning. The lesson therefore is two-fold: to take risks and to own that the decision of them, with both the good and bad consequences. =D
An excellent point! Thank you.