Quote by Max Gunther

It is true that when we take chances, we stand to lose. But it is also true that we will never win anything if we never even enter the game. Lucky people are aware of the possibility of losing, and indeed they may lose often. But since the chances they take are small, the losses tend to be small. By being willing to accept small losses, they put themselves in position to make large gains.


It is true that when we take chances, we stand to lose. But

Summary

This quote emphasizes the importance of taking chances in order to achieve success. It acknowledges that taking risks involves the possibility of facing failures and losses. However, it also highlights that if we never step forward and participate, we will never have the opportunity to win. The quote highlights that those who are lucky and successful understand the potential for losses, but by being willing to accept small losses and continuously take calculated risks, they position themselves for significant gains and achievements.

Topics

Risk
By Max Gunther
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