nothing ventured nothing gained
NUH-thing VEN-churd NUH-thing GAYND
ˈnʌθɪŋ ˈvɛntʃərd ˈnʌθɪŋ ɡeɪndListen
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Dictionary meaning
a proverbial statement that worthwhile rewards are only attainable if one is willing to accept the risk of failure or loss associated with attempting to obtain them; the phrase encodes a fundamental truth about expected value: that the option with zero downside risk — doing nothing — also has zero upside; as an encouragement to action it is among the oldest and most universal proverbs in English, with equivalents in nearly every language; its relevance to investment, entrepreneurship, and personal development reflects the deep human truth that passivity and risk-avoidance guarantee stagnation
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