Saturday, 24 July 2010
ESL Podcast 476 – Taking Chances in Business
http://www.eslpod.com/website/show_podcast.php?issue_id=7109447
I've always been a pretty cautious investor. I like my investments to be conservative and I usually invest only in sure things. Recently, though, I've been tempted to take more risk.
My friend, Bernie, is a very successful fund manager and he is willing to let me get in on one of his schemes. According to Bernie, he has a way to take advantage of the current economic climate so that he and his investors aren't susceptible to the same market forces affecting other investors. Barring any significant changes to the current economy, I should be raking it in before the end of the year.
Bernie isn't someone who shoots from the hip, so if he says that this investment is going to be profitable, who am I to ask questions? I'm very tempted to throw caution to the wind and to take a chance. After all, it's only money, right?
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- cautious (a): careful
- conservative (a): it's little risk, not risky
- to temp sb : to make sb want to do sth
- to get in on sb : to become involved to sb at the beginning
- to take advantage of sth (positive and negative meaning) : to use opportunity to use sth
- susceptible (a): easy to be hurt , effected
- to rake it in (expression): to get a lot of money very easily
- to shoot from the hip : to do sth without thinking /planning / considering about it
- to throw caution to the wind: to stop being cautious
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Thanks,
Duy Lam
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