Wednesday, February 12, 2025

Know what you're talking about when you talk of 'risk'

A graphic of a faceless mannikin figure holding up a huge pair of balance-scales, with the word RISK (in red letters) in one panier, and the word REWARD (in green letters) in the other
 

"Fortune favours the brave, sometimes; but the foolish, almost never."

GW


It is good to sometimes embrace risk in playing FPL. 

Unforuntately, very few people have any idea how to assess risk. Among the FPL hordes online, I can regularly distinguish two kinds of 'risk': the calculated risk, and the uncalculated risk.

I like to characterise these different types of risk-taking as 'wise gambling'...... and 'foot-shooting'.


Please don't fall victim to the latter!

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