Re: Not taking risks can actually be good?

Quote from: kotajikikox on June 07, 2025, 07:27:19 PM

Found this article about not taking risks and it benefitting them. The story is not as relevant but what it said at the start was interesting to me. The risk-taking culture of gambling gets a lot of attention these days far from the floors of any casino: Not only in business — where a willingness to take a risk is an ordinary part of life, at least to a point — but in many other sectors, including government.

Zero risk-taking can lead to stagnation, but too much of it can lead to catastrophe, and the trick is in navigating the difference.

Do you reckon it is better to not risk that much in gambling and just keep playing low risk games and win even small amounts or do you always think that taking big risks is always the way to go?

actually from the link provided above shows that from the risk taking culture, zero risk taking can lead to stagnation, but too much can lead to catastrophe. this means that taking risk is good but becomes crucial when we over do it. so i will say that we can not completely say that we aren't going to take risk, but we are not surely going to overdo it, but it will be a mixture of high and low risk games but not specifically only one strategy. maintaining a balance between both can be very important for a very long time. at least it will be sustainable.