Warren Buffett's First Failed Business Venture Cost Him 20% Of His Net Worth — Now He Says, 'Risk Comes From Not Knowing What You're Doing'

Investing is linked to risk, a reality recognized by investors globally. The potential for permanent capital loss is a fundamental concern in finance, defining the essence of risk. Yet, perceptions of risk vary among investors. Warren Buffett, one of the richest people in the world, provides a unique perspective on this topic.