Focus. Organize. Remember. Communicate. Evaluate.

April 15, 2012

Chance v. Risk

Taking a chance is accepting the probability that something will happen. Taking a risk is accepting the potential for loss. Both are relative to the individual taking it. Consider the following examples.

He took a chance on the stock market.
He took a risk on the stock market.

Did she take a chance by saying "I love you."
Did she take a risk by saying "I love you."

Simply stated, what chance is there in taking a risk