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  • You don't get rewarded for taking risk; you get rewarded for buying cheap assets. And if the assets you bought got pushed up in price simply because they were risky, then you are not going to be rewarded for taking a risk; you are going to be punished for it.

    "A little perspective, please". Interview with Janice Revell and Joe Light, money.cnn.com. October 10, 2008.