Take calculated risks for potential rewards from "summary" of Investment Biker by Jim Rogers
When I'm out on the road, I always keep my eyes open for opportunities that others might overlook. I look for signs of growth and prosperity in places where most people see only risk and uncertainty. It's not about taking blind chances or throwing caution to the wind. No, it's about carefully weighing the potential upside against the possible downside, and making a decision based on that assessment. Some might call me a gambler, but I prefer to think of myself as a calculated risk-taker. I don't just roll the dice and hope for the best. I do my homework, I analyze the data, and I use my judgment to determine whether the potential rewards outweigh the potential risks. And when I see an opportunity that meets my criteria, I'm not afraid to take the plunge. Of course, not every risk pays off. That's the nature of the game. But I've learned that it's better to take a chance and fail than to sit on the sidelines and wonder what might have been. And when one of my calculated risks does pay off, the rewards can be truly extraordinary. I've seen my investments multiply many times over, simply because I was willing to take a chance when others were too timid to act. So the next time you're faced with a decision that involves some level of risk, don't be afraid to step out of your comfort zone and seize the opportunity. Do your research, trust your instincts, and be willing to take a chance. You never know what kind of rewards might be waiting for you on the other side.
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