From New York's Wallstreet to Mumbai's Dalal Street, everyone who is in trading business will tell you this mantra "High Risk, High Return". The algorithms of investment are all built with this logic. Assets in a mutual fund are in correlation to the amount of risk you are willing to take. The expert advisors and consultant will talk about your risk tolerance and risk appetite. Here risk tolerance depends on your income and expenditure. Whereas, risk appetite refers to your willingness to take the risk as per your age, experience, and knowledge. All these conversations are happening inside the AC rooms of highrise buildings amongst privileged people.
Here risk tolerance depends on your income and expenditure. Whereas, risk appetite refers to your willingness to take the risk as per your age, experience, and knowledge. All these conversations are happening inside the AC rooms of highrise buildings amongst privileged people.
Just outside the window panes are the window washers hanging their lives on the skyscrapers. The window washers of New York's Wallstreet earn only $12 per hour and those on buildings of Mumbai make even lesser money. They have the same reflexes of a trapeze performer high above the city streets. And take an almost similar risk. That doesn't mean the trapeze artist earn their due. They too take a high risk with hardly any reward to compensate that risk.
Just outside the window panes are the window washers hanging their lives on the skyscrapers.
I know many painters, plumbers and masons who are not only underpaid for the risk they take but at times are not even provided with the required safety. They have to climb on bamboo scaffolding, with no belts, no safety hooks or any other insurance in case of accidents. There have been cases where the contractors don't even own to the incidence when a labourer falls from the scaffoldings just to avoid the legal hassle. So forget about a reward for high risks, instead, they have to pay a hefty price for it.
It is a similar story for so many explorers, mountaineers, artists, researchers, scientists, entrepreneurs and revolutionaries. They all take huge risks like the first drops of water falling on the hot land only to get evaporated.
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