Between calculated risk and reckless decision-making lies the dividing line between profit and loss.
When I take a risk, I like it to be a calculated risk, meaning I make it as small as possible.
Pouring concrete on land you don't own is called a calculated risk, if you don't pour you loose millions.
I think there's a difference between a gamble and a calculated risk.
There is a thin line between peace of the brave and peace of the hostage... between compromise - even calculated risk - and irresponsibility and capitulation.
You have to know how to read your lie and take a calculated risk when you hit out of the rough.
In the media business and as a creative executive, if you don't take risks, you're dead in the water. Calculated risk taking is essential for success. No one said it was easy.
At this stage in my career, I don't have to take any big risks. You want to take a calculated risk, not one that leads to people saying 'yes, but there was that one time when she made that big mistake.' It's always a shame when that happens, especially if you've gotten by for decades without anything hugely tragic.
