LIVING on the edge is often perceived as a sheer act of stupidity by people with low risk appetites. But for thrill-seekers, i.e. stuntmen, rock climbers or gamblers, such lifestyles promise excitement and fulfilment – something that cannot be quantified by mere dollars and cents.
The same logic applies to investing – at one extreme are those play-it-safe investors who are overly prudent or risk-adverse in parting with their hard-earned money, while the other extreme features those who would happily throw their money around, spurred by the belief that their good fortune is ripening.