Take calculated risks from "summary" of O homem mais rico da Babilônia by Mitch Horowitz
In the fabled city of Babylon, where the streets are lined with gold and the people are known for their wealth, one important concept reigns supreme: taking calculated risks. This principle is not about blindly leaping into the unknown, but rather carefully weighing the potential benefits against the potential pitfalls before making a decision. When it comes to investing your hard-earned money, it is essential to consider all the possibilities and outcomes before committing to a course of action. By taking calculated risks, you can increase your chances of reaping great rewards without putting everything on the line.
In the world of finance, it is often said that higher returns come with higher risks. However, this does not mean that you should throw caution to the wind and gambl...
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