Popular quotes about Risk! Wisdom and inspiration are here! | page 31
Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.
Ben BernankeWe regard using [a stock's] volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return. Some great businesses have very volatile returns - for example, See's [a candy company owned by Berkshire] usually loses money in two quarters of each year - and some terrible businesses can have steady results.
Charlie MungerI think people in general don't take enough risks. Some people feel that before they can take on that next challenge they need to be 100 percent ready. It's just not true. Even people in their jobs aren't perfect at their jobs. So my biggest advice to people is to step out there. Take the risk and deal with it. What is the worst that could happen? It's about thriving on risk instead of shrinking from risk.
Shellye ArchambeauJerk equals narcissist.Narcissists tend to be risk takers. Risk takers happen to do better in general in businesses. So jerk equals narcissist, equals risk taker.
Eric BollingYou risk working with this director, you risk making this movie, you risk working with another actor you don't know. It makes your heart beat faster. And it keeps you interested.
Kevin SpaceyThe thing is doing it, that's what it's all about. Not in the results of it. After all what is a risk? It's a risk not to take risks. Otherwise, you can go stale and repeat yourself. I don't feel like a person who takes risks. Yet there's something within me that must provoke controversy because I find it wherever I go. Anybody who cares about what he does takes risks.
Al Pacino...one opportunity leads directly to another, just as risk leads to more risk, life to more life, and death to more death.
Markus ZusakAny time you risk big you often risk losing big. You can win big but you can also lose big, but you have to be willing to take those risks.
Halle BerryAmerica is still a free country - nobody is saying it isn't - but we accept that, in the face of discernible risk, or even imaginable risk, the government has an obligation to step in and save us.
Patrick BedardThe collateralized debt obligation, the CDO, is a structure which allows you to more or less continuously choose how much risk you want to take in a whole batch of securities. And the reason why they got us into so much trouble is that it's hard to figure out how much risk you really are taking.
Robert F. EngleOften, very talented technical people find it extraordinarily difficult to take the viewpoint of customers, who are often ignorant about the technology and who may have strong and perhaps incorrect prejudices about it. The technical people may believe, deep down, that they know better what customers "should" need. Customers, of course, have a different perspective. They want products that will solve customer problems and provide other customer benefits, and will do so without undue risk or cost. Not infrequently, customers view advanced technology itself as a risk.
Barbara BundIf you want to do something extraordinary, there's always risk involved. I was always willing to take that risk.
Felix BaumgartnerDo not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably leads to the incurrence of greater risk, which increases the likelihood of losses and severe illiquidity at precisely the moment when cash is needed to cover expenses, to meet commitments, or to make compelling long-term investments.
Seth KlarmanSome see risk as a reason not to try. Some see it as an obstacle to overcome. The risk is the same; to try or not depends on your perspective.
Simon Sinek[C]ultivated risk-taking represents an 'experiment with trust' (in the sense of basic trust) which consequently has implications for an individual's self-identity. (...) In cultivated risk-taking, the encounter with danger and its resolution are bound up in the same activity, whereas in other consequential settings the payoff of chosen strategies may not be seen for years afterwards.
Anthony GiddensAnd the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom.
Anais NinA life lesson for me is, how do you muster the courage to take on a new risk? Whether it's starting up a business or taking on a new project or expedition. I think the risks that we take are all relative to the risk-taker.
Anne BancroftIf your DNA profile puts you at a higher risk of developing obesity, that doesn't mean it's your fate. You can take control of the environmental side of the equation and reduce your overall lifetime risk by a lot.
David AgusThe best stuff happens when you take a chance. When you risk something and do the thing that the other people are taking a chance on, on a network kind of level, they will be rewarded. You know, risk-reward.
Lili ReinhartLove is always dangerous. To love is to hope you'll win it all while running the risk that you could lose it all. And sometimes it's also about accepting that there's a risk that you'll love more than you are loved.
Guillaume MussoI think it's my job to risk looking foolish. One of the things I've learned from the actors I've worked with is you don't get something for nothing. If you don't risk looking foolish, you'll never do anything special.
Ethan HawkeOn the ridge where the great artist moves forward, every step is an adventure, an extreme risk. In that risk, however, and only there, lays the freedom of Art.
Albert CamusTo Dare is to risk losing your foothold for a moment, Not to Dare is to risk losing yourself.
Soren KierkegaardEvery time you sustain a head injury, the risk gets higher and higher. I always said that if there ever was a point where the risk was more than minimal, I would stop playing.
Pat LaFontaineFor without risk there is no faith, and the greater the risk, the greater the faith.
Soren KierkegaardDreams, in their essence, include risk. This risk could be physical danger (often true in climbing big mountains like Everest), or it could be financial (leaving a comfortable job and pouring your life savings into a business venture), or it could be emotional (like the feelings of loss and questioning that comes with losing friends and coworkers to climbing accidents).
Adrian BallingerI'm not an expert on how to configure the sport, but I can observe and say that accidents seem to be a part of it. The athletes are incredible, with the courage that they accept the risk of death, paralysis, and brain injury. These are really life-changing, life-threatening injuries, and the risk is extremely high.
Lucy WalkerFear is the single biggest barrier to creativity. Unless we're brave enough to risk looking foolish, we'll inevitably find ourselves sticking to the status quo. That fear is disabling, One of the things we need to do as business leaders is build and nurture cultures that encourage responsible risk taking so making mistakes is OK.
Josh LinknerI hate to say it because I think people are risk averse these days more than ever. Before they even pick up the phone, they know what the picture's going to be. So there's a certain comfort in that, a certain security that they can lay out the cover of the magazine and kind of know what it's going to be.
Gregory HeislerFailure to summon forth the courage to risk a nondogmatic and nonevasive stance on such crucial existential matters can also blur our ethical vision. If our actions in the world are to stem from an encounter with what is central in life, they must be unclouded by either dogma or prevarication. Agnosticism is no excuse for indecision. If anything, it is a catalyst for action; for in shifting concern away from a future life and back to the present, it demands an ethics of empathy rather than a metaphysics of fear and hope.
Stephen BatchelorA lot of people ask...why a man is willing to risk... Well, we've got to do it. We're going into an age of exploration that will be bigger than anything the world has ever seen... If a man faces up to the (unknown) and takes the dare of the future, he can have some control over his destiny.
John GlennBoldness in the course of a noble fight is worth the risk... If you stand on truth, you'll only regret your timidity later, but you'll never regret being bold.
Charles R. SwindollSometimes I even say that I have surpassed Lasker in using psychology. How? Well, sometimes I use psychology with a portion of risk. That is something else, something that Lasker wouldn't allow.
Viktor KorchnoiMost investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose.
Seth KlarmanRisk deters those who see what they could lose. Those focused on the gain see it as a necessary part of their journey, even if the possibility of loss exists.
Simon SinekRisk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.
Warren BuffettWe have so much information but maybe we donโt know what to do with that information. So we run the risk of becoming museums of young people who have everything but not knowing what to do with it. We donโt need young museums but we do need holy young people.
Pope FrancisYou cannot have 300-some million Americans - and really, right, the global citizenry be at risk of having their phone conversations intercepted with a known flaw, simply because some intelligence agencies might get some data. That is not acceptable.
Ted LieuA lot of the things I was doing on YouTube nobody was doing at the time, and now everybody is doing them, and I think making movies - I know a few Youtubers have done it, and hopefully this movie does well and more YouTubers want to take a risk and make movies, and I'm excited about it.
Shane DawsonA serious life means being fully aware of the alternatives, thinking about them with all the intensity one brings to bear on life-and-death questions, in full recognition that every choice is a great risk with necessary consequences that are hard to bear.
Allan BloomAt every concert I leave a lot to the moment. I must have the unexpected, the unforeseen. I want to risk, to dare. I want to be surprised by what comes out. I want to enjoy it more than the audience. That way the music can bloom anew. It's like making love. The act is always the same, but each time it's different.
Arthur RubinsteinThere are so many opportunities that I could've gotten before if I had just took a little more of a risk.
Carol LeiferWe donโt constrain our mental powers when we store new long-term memories. We strengthen them. With each expansion of our memory comes an enlargement of our intelligence. The Web provides a convenient and compelling supplement to personal memory - but when we start using the Web as a substitute for personal memory, by bypassing the inner processes of consolidation, we risk emptying our minds of their riches.
Nicholas G. Carr