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Monday, April 06, 2009

Luke Johnson Viewpoint

Rekindle those risk-taking animal spirits
http://www.ft.com/cms/s/0/ef69109e-1e09-11de-830b-00144feabdc0,dwp_uuid=782015c4-f2e3-11dd-abe6-0000779fd2ac.html

As John Maynard Keynes put it: 'The thought of ultimate loss which overtakes pioneers, as experience undoubtedly tells us and them, is put aside as a healthy man puts aside the expectation of death.' Right now, too many would-be pioneers are worrying about dangers and not rewards. Fear has overwhelmed greed: the adventurous are on the retreat. Until we reverse this psychology, we shall never recover our economic momentum.
- Luke Johnson

Useful links:
www.lukejohnson.org
www.riskcapitalpartners.co.uk

Spot on.

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