The boldest risk you have ever taken
Question
What is the biggest risk you have taken, and how did it turn out?
Short answer
Choose a calculated risk with real stakes and explain your reasoning about upside and downside. Describe how you assessed the probabilities, what you did to limit the downside, and the outcome. Whether it worked or not, reflect on the lesson; reckless risks with no analysis are a red flag.
Adapted from Crack, Heard on the Street, Q5.1.17, p.46; question and answer rewritten by SelfMadeQuant.com.
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