calculated risks
Thought-out wagers
Calculated risks are chances taken after careful consideration of potential outcomes, where the possible benefits are weighed against the possible downsides.
Unlike reckless gambles, calculated risks involve deliberate assessment of probabilities and consequences before proceeding.
Starting the business was a calculated risk, but we'd done our homework.
The phrase implies strategic thinking rather than impulsiveness—you accept uncertainty, but not blindly.
- rationalGoverned by logic
- probabilityQuantified chance of occurrence
- playing the oddsActing on statistical likelihood
- strategicDeliberately planned for advantage
- game theoryStudy of strategic interaction
measured · decision-making · courage · skin in the game · entrepreneurship · consequences · cost-benefit analysis · hedge your bets · investment · evaluations · stress tolerance · outcome · military tactics · exploration · trade-offs · diversification · mitigation · safety net
calculated risksreckless abandon
Complete disregard for consequences
shooting from the hip · flying blind · knee-jerk reactions · winging it · wild guesses
calculated risksplaying it safe
Avoiding unnecessary risk
safe bets · sure things · risk aversion · paralysis by analysis · erring on the side of caution
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