Best Quote by Whitney Tilson
“Just because a company's future is highly uncertain doesn't mean an investment in it is risky. In fact, some of the best potential investments are highly uncertain but have little risk of permanent capital loss.”
About This Quote
Uncertainty doesn’t equal risk; some high‑uncertainty investments have low chance of permanent loss and high upside.
In simple terms: Uncertainty isn’t always risky.
Assess risk beyond volatility.
Themes
Mood
Type
When to use this quote
- portfolio building
- venture capital
- financial planning
Key Concepts
Questions to Reflect On
- How to evaluate true risk?
- What metrics reveal downside protection?
May ignore systemic risks.