> But let’s not pretend blindly taking risk is OK because some return is expected. Exactly. I have seen this idea float around that just because they have take

> But let’s not pretend blindly taking risk is OK because some return is expected. Exactly. I have seen this idea float around that just because they have taken a risky position they will be able get better rewards. Risk may be necessary for above market rate returns, but it is not sufficient. A proportionate amount of those taking the risk will be cleaned off the amount that was risked. Why do you think its not going to be you ! Of course when you use time effectively or use other hedges one can reduce the exposure.