Balance risk and reward in investment decisions from "summary" of Investment Biker by Jim Rogers
When it comes to investing, one of the most important things to keep in mind is the delicate balance between risk and reward. This balance is crucial because without it, you could end up losing a lot of money. On one hand, taking on too much risk can lead to catastrophic losses. This is something that many investors learn the hard way. They get caught up in the excitement of potentially high returns and fail to consider the downside. On the other hand, being too conservative can also be detrimental. By avoiding all risk, you may miss out on lucrative investment o...
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