STOCK MARKET BSE NSE

Take Risks but Calculated Ones

Published: 26th January 2015 06:00 AM  |   Last Updated: 23rd January 2015 11:16 PM   |  A+A-

We should always ask this question before taking a decision. What  is the kind of risk involved in doing this? Adventurous people take the plunge; prepared to face the consequences despite high level of risk involved. Some weigh the pros and cons, evaluate the level of risk and take calculated risks. Research has proved that majority of people would not allow for any change, are afraid and succumb to fear. Some don’t even get married and don’t have children fearing failure.

We can be victims of distrust, unfaithful behaviour and cheating, but we can learn from previous experiences and experiences of others. This is the intelligence we possess and can use it to evaluate alternatives, and find out how we can control risks.

KALPANA-R.jpgThere are certain events in life of which we do not have any control over; we just have to let go of these. The possibility of preventing certain things from happening is the privilege that we have as humans — to use our intelligence effectively.

Certain people have a fetish towards new things; they are born with the DNA of taking risks. Despite several warnings from life experiences, they go ahead and take chances. But we should not misuse our freedom. Some tread carefully and play according to the demands of the situation. But our goal both personally and professionally should be to identify aspects that are controllable and uncontrollable. We should develop a strategic risk-taking approach rather than a carefree approach.kalpana@acl-india.in



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp