Bird in the bush - Definition and Overview

One bird in your hand is worth more than two birds in a bush. A proverb of which one meaning is it is better to have something for sure (low risk) than something speculative (high risk). The paradox part is that investors will often not do a probability analysis for lowest risk/highest return. They will take their chances of getting something more speculatively than they will getting something less as a sure thing. Better to have than to speculate on the one hand but better to speculate than have on the other. Most choose to speculate. Hence the paradox.