Risk As Reward

Risk As Reward
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Risk As Reward

Mike Gorenstein, CEO, The Cronos Group | Apr 26, 2019

Take the Risk, or Take Nothing

If you don’t take a risk, you’re not going to get the reward. This applies to all aspects of life, no matter the importance of the risk, whether it’s investing, business, or even sports. There’s a famous saying: “You miss 100% of the shots you don’t take.” There’s always a risk in taking a shot, but you’re certainly not going to get the reward of making a shot if you don’t take it in the first place. There’s often a proportionate reward for the amount of risk you take. If there is no risk, that means everyone is doing it, which will affect the possible reward. Good decision making is a matter of picking and calculating the right risks to take, and then deciding from a risk profile what makes sense.

Evaluating Personal Risk

I personally look at risk differently ...

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