RT Joe Lampton (@joelampton_)"It's better to try and lose than not try at all" - TateDespite the loss, Tate still won because nobody would've put it all on the line with that level of wealth and fame. Everyone would have sat on yachts non stop.Tate gambled and chose to fightGotta respect the balls. ...

I'm a believer in the fact that your 20s are your opportunity to hyper gamble with your life's path.Make a few risky decisions. Worst case you start from zero again in your late 20s, but if it does work out, the rewards are disproportionately high.When I went full time crypto, it was by all means a very risky decision with a very low chance of success.Bear market, not many connections, future of crypto uncertain, CT dead. In other words, it was stupid.But you have to be delusional enough to bet on yourself ...

The UK should get bolder with overhauling rules to encourage more risk-taking in the financial services sector, according to the City of London’s new Lady Mayor Susan Langley https://t.co/cixbw4jQvh ...

Good morning everyone. If someone had told me fresh out of my masters in pharmaceutical sciences that one day I would be standing under the stage lights not in a lap coat but in costume. I would have laughed.But life as it turns out to be has a flare for drama and I leaned into it. I started my career in the world of molecules and formulations. It was safe, secure, and logical.But deep down inside me, there was a quiet yearning, a whisper that spoke to me of characters, stories, and emotions. I didn't know ...

[music] So, my name is Rafiat. I'm uh I run an organization called Footsteps. I am a social entrepreneur by profession. And being a social entrepreneur means being able to take risks.But this wasn't always in my plan. I actually had a life plan when I was young. So when I was young, my plan was to get good grades in school, go to a top IV league university, graduate with like a 4.0% perfect GPA, work at the UN for like 20 years, and then start my own nonprofit once I came back.But at the age of 17 in high s ...

Core Viewpoint - The article critiques the proposal to raise the federal deposit insurance limit from $250,000 to $10 million, arguing it primarily benefits the ultra-wealthy and poses risks to the financial system [7][8][9]. Group 1: Historical Context - The U.S. economy faced a severe crisis less than 20 years ago due to risky lending practices and government guarantees, leading to a significant financial meltdown [3][4]. - The government’s role in insuring high-risk loans contributed to moral hazard, as banks engaged in riskier lending without fear of repercussions [5][6]. Group 2: Current Proposal Analysis - The proposed increase in deposit insurance is labeled the "Billionaire Insurance Act," as it would primarily benefit the wealthiest Americans, with fewer than 1 percent of accounts exceeding the current limit [8]. - Supporters argue that this change would help smaller community banks compete with larger institutions, but the article questions the oversight of banks under such a policy [8][9]. Group 3: Implications for Investment Behavior - Raising the deposit insurance limit may discourage risk-taking among wealthy investors, who are essential for funding innovative ventures [10][11]. - The article emphasizes that risk-taking is crucial for economic growth and should be undertaken with personal capital rather than taxpayer-backed funds [11].

Take more risks. ...

Investment & Return - Dallas Cowboys' owner Jerry Jones discusses risk-taking after a successful bet yielded a 9,000% return [1]

Economic Factors & Investment Trends - Government policies hindering home ownership and low interest rates are pushing young South Koreans towards riskier investments [1][2] - South Korean retail investors are increasingly engaging in high-risk, high-reward trading options like crypto and leveraged ETFs [2] - A shift from the older generation's focus on apartment ownership to the younger generation's pursuit of crypto investments is observed [3] Risks & Potential Consequences - High-risk investments can lead to significant financial losses, as exemplified by one individual losing $5 million overnight [3] - Household savings are negatively impacted by high-risk investments, potentially straining the country's financial system and broader economic stability [4] - The competitive Korean culture contributes to the trend of risk-taking among those who feel they've missed out on traditional opportunities [4]

Market Trends - Bitcoin and Ethereum experienced price increases [1] - Gold's price is heading toward its biggest daily drop in over a decade, suggesting increased risk appetite among investors [1]