Risk is a large part of fincancing and banking today. People have become billionaires because of the financial risk taken by them, however people have also lost all of their possesions to this wonderful horror. Both bankers and stock brokers jobs is to calculate and execute deals which will have a lot of risk, they must either take small risks and gain or lose only small amounts of money or take large risks and possibly lose large amounts but also maybe make large aounts as well.
In short with great risk comes great reward and great loss. But how much risk should different areas of the economy take. For example, who should take more risk, an experienced banker or a young consumer? I believe that we must have a certain level of experience to take on certain levels of risk. So, a new, young banker should take much less risk than another who has worked for many years and has excelled in this field.
Another factor which I believe should be taken into condsideration is the stage in development of the product in which the investor takes the risk. For example, the consumer should not be obliged to take much risk at all, but the producer should be the one to take the risk. This is because the consumer should not be required to have an uncertanity about their purchase in the product and it is the producers job to calculate and take the risk requried to develop a successful product.
Though I personally would take very little risk many have a different opinion to me. How much risk, do you think, is enough and what would you be comfortable to take risk in (e.g. company or product)? Is it worth taking, can you think of a way of calculating or working how much should be taken?