What is "smart risk taking" in the context of financial investment.

[Kross]

People that would be wealthy are great risk takers. That implies they don't just take risks but they stay on taking risks that are very smart.

So how do you define the scope of smart risk taking within the context of financial investments?

 

[Fidelia]

When it comes to to smart risk taking, it means that the risks are well calculated and measured before the investment decision is made.