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Accepting 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…” quote by Max Gunther
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“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.”

Max Gunther

About This Quote

Source Book: The Luck Factor by Max Gunther, 1977

Taking small risks creates opportunities for big rewards; accepting minor losses enables larger gains.

In simple terms: Small risks lead to big wins.

Key Takeaway

Accept tiny losses to unlock big opportunities.

Themes

risk‑taking reward strategy

Mood

motivational pragmatic

Type

advice inspirational

When to use this quote

  • investing
  • career moves
  • personal challenges
  • entrepreneurship

Key Concepts

probability behavioral economics decision making

Questions to Reflect On

  • What small risk could you take today?
  • How do you balance risk and safety?
A Different Perspective

Over‑risking can cause catastrophic loss.

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