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 afra...
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