The smart investor does not ask: How much will I profit?
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 investment, but thinks of the worst-case scenario and prepares for it.
#True profit is not in high jumps, but in avoiding painful falls.