"The smart investor does not ask: How much will I earn? But: How much can I lose?"
– Risk management is more important than chasing profits.
In the world of investing, rushing after large gains without considering potential losses is like driving a car at high speed without brakes.
The smart investor is not only dazzled by the return on the deal but thinks about the worst-case scenario and prepares for it.
True profit is not in jumping high but in avoiding a painful fall.