"Smart investing is risk management, not risk avoidance." — Warren Buffett

1. Risks are an integral part of investing
There is no investment without risk. Trying to avoid risks entirely often means avoiding the investment itself, leading to missed growth opportunities and wealth building.

2. Risk management means understanding, not fearing
The smart investor does not gamble blindly but studies potential risks and knows their loss limits before starting. Understanding reduces surprises and increases confidence.

3. Diversification reduces the impact of losses
Spreading investments across multiple assets does not prevent losses entirely, but it prevents a single loss from being devastating. Diversification is a fundamental risk management tool.

4. Long-term investing mitigates volatility
Time is an important factor in reducing risk. In the long run, market fluctuations balance out and the chances of achieving stable returns increase.

5. Discipline is more important than predictions
No one can predict the market accurately, but sticking to a clear plan and managing capital wisely protects the investor from impulsive decisions.

Summary
Smart investing does not mean avoiding risks but dealing with them consciously and with discipline. Those who manage risks well give themselves a real chance to achieve sustainable growth and genuine wealth.