Bigs Quote by Bernard Madoff
“Today, basically, on Wall Street, the big money is made by taking risks.”
About This Quote
Source Speech: Interview on Wall Street, 2008
Risk taking is portrayed as the primary source of large profits in finance.
In simple terms: Big money comes from risk.
Key Takeaway
Embrace calculated risk.
Themes
finance
risk
profit
Mood
cautious
analytical
Type
financial
advisory
When to use this quote
- trading
- venture capital
- entrepreneurship
- portfolio management
Key Concepts
investment strategy
risk tolerance
Questions to Reflect On
- How do you assess risk before acting?
- What safeguards can mitigate downside?
A Different Perspective
Risk can lead to loss if not managed.
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