ER, again, you fail to see that swinging for the fences does not equal not taking the calculated risk and not swinging for the fences equal taking calculated risk.
There are people who I know who swung for the fences and put their lives at risk. The know that if they don’t, their children and children’s children will be in much worse situation and they’re willing to risk their lives to give their children the opportunity they know their kids won’t have if they don’t take that risk. For some, it paid off in spades while others died trying.
Then there are people I know who put down 20%+ down to buy a house in 2005. Their income can support the payment. So, they’re not taking that much of a risk. But they failed to see the biggest bubble right in front of their face.
I never said you should throw all caution to the wind and just swing for the fences for the sake of hitting it big without proper risk management. I hope you can see that taking risk and calculating that risk are not mutually exclusive.
WRT to the silver spoon comment, that might be a little hyperbolic (just a little) but unless you’ve lose families due to political unrest and lived through it, you really don’t know how good you have it here. Even the poorest person here is much better off than the average person in the country I came from. The silver spoon statement is basically regarding the endless opportunity that an American have at their disposal if they just try. The kind of opportunity that many have and are willing to die for. So yes, in a way, it is like a silver spoon.
