Take a flier

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Take a flier

To speculate on highly risky securities.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Take a Flier

Informal; to take a significant risk by investing in a highly speculative venture or security. To take a flier is to make such an investment knowing full well that it might result in the loss of the investor's capital. See also: Take a bath.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved