They cannot arbitrarily make wild gambles because they feel like it - they have to operate within established risk parameters that are approved by several regulatory bodies and internal controls.

In the afternoon the mentor, Catherine McGuire talked about the opportunities in the UK-Market.

It’s just a gamble.  

After 45 years investing across many asset classes, many investment types, and everything from lowest risk to outright gambles, I think I finally know the answer.The biggest divide is between investments in which operational control over that investment is with the investor, and investments in which control rests with another party.  

People have failed twice now with the housing bubble and the recent meteoric increase in rates because they were gambling with the rates to save a percentage point.  

All recent increases and near-term future increases are just gambling.

I am in the UK and just returned from visiting the sites.

However, as I said an investor could strike an honest deal anticipating that the property will sell for more than the taxes owed and be willing to gamble on that.

(e.g. peace w/ Israel, gambling legalization, etc.)

It's a gamble either way.