Risk Revisited

Risk revisited

"If you buy something for $10, and sell it a year later for $20, was it risky or not?  The novice would say the profit proves it was safe, while the academic would say it was clearly risky, since the only way to make 100% in a year is by taking a lot of risk.  I'd say it might have been a brilliant safe investment that was sure to double or a risky dart throw that got lucky"

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