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Take calculated risks from "summary" of Principles for Success by Ray Dalio

Taking calculated risks means making decisions that have uncertain outcomes, but where the potential rewards outweigh the potential losses. It’s about being thoughtful and strategic in your approach, weighing the pros and cons before diving in. In life, we are constantly faced with choices that require us to step outside of our comfort zones and take a chance. These decisions can range from small, everyday choices to major life-changing ones. Regardless of the scale, the key is to approach them with a level head and a clear understanding of the risks involved. By taking calculated risks, we open ourselves up to new opportunities and experiences that can lead to growth and success. It’s about being willing to push pas...
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    Principles for Success

    Ray Dalio

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