Business and investment is filled with uncertainty and instability and as a matter of fact no investment is 100% sure.
So it's a big risk in investing in something you don't understand
The problem is if you invest in something you don't understand you have no way of knowing if it's a good business or not you can't predict what might go wrong or what needs to be done if something goes wrong
Just like a non football fan watching a football game has to rely on the number shown on the screen and scoreboard to know the scores and even if the crowd are groaning or celebrating they don't understand why.
Now how can such a person correctly predict the outcome of such a game?
It's simple the person might rely on other fans or the commentator or if that person is a fan of a soccer player let's say Ronaldo or Messi he would lean to their side.
Before you invest in what you don't understand try watching and predicting a new sport you know absolutely nothing about.
It's not just about soccer entering into business or investments you know nothing about puts you in the dark and worst of all leaves you at the mercy of others.
managers of a great business have an ability to truly understand their industry the competitive landscape and what the customer wants.
A successful businesses can also adapt to change that's why great understanding is important for success in life
As an individual you should also try to understand another person's point of view and be prepared to change your mind if their point of view makes good sense
Try to understand something before you do it and to think things through before you act.