“The motivation to break even is so tempting that you'll even consider doing so at greater levels of risk than you'd typically accept. If you've heard the expression "double or nothing," you've seen this bias in action.”
Quote by Coreen T. Sol
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Unbiased Investor: Reduce Financial Stress and Keep More of Your Money
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Source: Unbiased Investor: Reduce Financial Stress and Keep More of Your Money
Source: Unbiased Investor: Reduce Financial Stress and Keep More of Your Money
Source: Unbiased Investor: Reduce Financial Stress and Keep More of Your Money
“One who is not afraid to die lives, and one who is afraid to live dies.”
“Calculated risk is an opportunity; careless risk a potential tragedy.”
Source: ABSOLUTE
“Risk little, earn little. Risk much, earn much. Risk all, earn all.”