Noun
calculated risk (countable and uncountable, plural calculated risks)
A risk that may be taken, in the absence of complete information, after careful consideration of the likelihood and impact of failure in comparison to the rewards of success.
Often the difference between a successful person and a failure is not one has better abilities or ideas, but the courage that one has to bet on one's ideas, to take a calculated risk - and to act. André Malraux
There is a thin line between peace of the brave and peace of the hostage... between compromise - even calculated risk - and irresponsibility and capitulation. Ehud Barak
I think there's a difference between a gamble and a calculated risk. Edmund H. North
There is a time when quiet courage and audacity become for a people at the key moments of its existence the only form of adequate caution. If it does not then accept the calculated risk of the great steps, it can miss its career forever, exactly like the man who is afraid of life. René Lévesque
Becoming an adventurous, liminal church means getting over risk aversion. Often the difference between a successful person (or organization) and a failure lies not in having better abilities or ideas, but in having the courage to bet on one's ideas, to take a calculated risk - and to act. Alan Hirsch
Between calculated risk and reckless decision-making lies the dividing line between profit and loss. Charles Duhigg