The very reason to "risk" is to want to have an opportunity for an extraordinary result. Not one self made multi millionaire took the easy road and eventually put it on the line. Biotech = risk. The key is to learn to manage the risks and stay in the game long enough to figure out your own style. You cant take these learnings for free, and "loss" is the price you pay to learn. I'll try teach my son to take risks, manage risks and to fat pitch when the right opportunity comes his way. Hopefully he will learn through it that "unknown unknowns" exists in every road, even the safest. One thing that is certain is that the safest roads are often the least rewarding when it comes to personal growth and achieving the person you wish to become.
No one ever said you have to play till the bitter end. Step off the bus when you think you have gotten what you needed out of it.
IMO, This is the CR to buy into if you think the results are going to be positive.
Ann: $13.0 million Institutional Placement, page-314
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