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Evaluating Risk Vs. Reward,
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Russell Galbut, Managing Principal at Crescent Heights, is a property and construction tycoon. In this podcast episode, he talks about weighing up risks and reward and how to make the critical decision of whether to move ahead with a deal. For the full episode, watch here: https://youtu.be/GF3c4ANSKcE
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Transcript
Auto-generated transcript. Not time-synced to the video.
And numbers is the language of business.
If you don't know numbers, don't be in
business, because because the numbers
tell you whether a deal is good. Because
no matter what you do, everything is
risk. Everything is risk. So, the idea
is to evaluate that risk and evaluate
the reward. And you weigh it. It's a
weighing test, right? You know,
sometimes you have to say to yourself,
do I take this risk for this potential
return? And so, you know, it was very
difficult that first deal.