I sometimes wonder if the attitude of take on risks is somewhat of a survivorship bias. I'd assume that the expected return of the safe choice is always higher

I sometimes wonder if the attitude of take on risks is somewhat of a survivorship bias. I'd assume that the expected return of the safe choice is always higher than that of risky ones. Now you could make a ton of money by taking risk, but its kind of like playing the lotto. Few winners lots of losers.