to throw caution to the wind

Welcome to English as a Second Language Podcast number 476: Taking Chances in Business.

This is English as a Second Language Podcast number 476. I’m your host, Dr. Jeff McQuillan, coming to you from the Center for Educational Development in beautiful Los Angeles, California.

Our website is eslpod.com. Go there to download a Learning Guide for this episode, it will help you improve your English even faster.

This episode is called “Taking Chances in Business.” It’s a story that uses a lot of common vocabulary – business vocabulary in talking about investing and risking your money. Let’s get started.

I’ve always been a pretty cautious investor. I like my investments to be conservative and I usually invest only in sure things. Recently, though, I’ve been tempted to take more risk.

My friend, Bernie, is a very successful fund manager and he is willing to let me get in on one of his schemes. According to Bernie, he has a way to take advantage of the current economic climate so that he and his investors aren’t susceptible