“Fortune favors the bold.” The Roman proverb has survived thousands of years of usage and shows no signs of losing its relevance. Originally written for the stage just after 200 BCE, the line has been co-opted throughout history by thinkers, leaders and artists facing high-risk, high-reward scenarios. Warren Buffett adapted it for the money markets at the turn of this millennium when he advised investors to “be fearful when others are greedy, and greedy when others are fearful.”
Both expressions,…
