Quotes About Risk

Managing risk is a key variable, frankly, all aspects of life, business is just one of them, and one of the things that most people do in terms of managing risk, that's actually bad thinking, is they think they can manage risk to zero. Everything has some risk to it. You know, you drive your car down the street, a drunk driver may hit you. So what you're doing is you're actually trying to get to an acceptable level of risk.

Whenever you're in a natural system and you're making sound, you are putting yourself at risk. As you go up the evolutionary ladder, from insects to frogs to birds and on up into mammals, the higher intelligence recognizes that when you vocalize, you put yourself at risk. So mammals generally vocalize or make noise much more rarely than, let's say, insects or frogs. And when they do, and put themselves at risk, it has to be worth the risk, and have true meaning, such as signaling during a hunting party, calling in prey, some religious or spiritual ceremony, something like that.

Unlike most of life, what you do really matters. Your actions have real consequences. You have to pay attention and focus, and that's very satisfying. It forces you to pay great attention and you lose yourself in the task at hand. Without the risk, that wouldn't happen, so the risk is an essential part of climbing, and that's hard for some people to grasp. You can't justify the risk when things go wrong and people die. The greater the risk, the greater the reward in most aspects of life, and in climbing that's certainly true, too. It's very physical, you use your mind and your body.

There is a risk of death associated with donating a piece of liver. It's about one in 500 for the risk of death. The risk of death of donating a kidney is about one in 3000, so this is a riskier operation than donating a kidney. The stakes are usually higher for the recipient of the transplant because unlike kidney failure, where you have a dialysis machine, in liver failure we don't have that kind of machine that allows a patient to survive until they can get a cadaver organ.

It comes down to risk, again and again. If you risk coming out, if you risk making pictures that aren’t good, you might discover something in a photograph that is the key. The very doorway to your own interest.

A bank needs models to measure risk. The problem, however, is that any one bank can measure its risk, but it also has to know what the risk taken by other banks in the system happens to be at any particular moment.

If you consider risk versus benefit, I mean, what is the risk of meditating? You just spend twenty minutes meditating. It's one of the things you can say is pretty much zero risk and there is the potential for massive benefit. Even if it's just minimal benefit, who wouldn't want that?

Honesty before God requires the most fundamental risk of faith we can take: the risk that God is good, that God does love us unconditionally. It is in taking this risk that we rediscover our dignity. To bring the truth of ourselves, just as we are, to God, just as God is, is the most dignified thing we can do in this life.

As the opportunity grows for unlimited growth and progress, the chances of failure increase. There is no such thing as a program that will provide security and growth and progress with no risk . . . even within the church. As freedom for unrestricted development is enhanced, the possibilities for failure are also increased. The risk factor is great.

By the time they get to 6th grade honor roll students won't risk making a mistake, and sometimes to be successful, you have to risk making mistakes.

There are certain filmmakers I'd like to work with that I don't think would take a risk with me, because I could be distracting in their film. It'll take a couple films to prove to them that it's worth the risk.

Everything involves a risk. No risk, no reward.

I like to control the risk I take. And when risk is taken out of my hands, it frustrates me.

It may seem like a big risk to follow your dream, but isn't the greatest risk of all to miss your life?

I have been in relatively high-risk businesses all of my adult life. Few of the others, however, had the possibility of direct gains in knowledge which this one had. I have confidence in the equipment, the planning, the training. I suspect that on a risk-gain ratio, this project would compare very, very favorably with those to which I've been accustomed on the past 20 years.

Targeting investment returns leads investors to focus on potential upside rather on downside risk ... rather than targeting a desired rate of return, even an eminently reasonable one, investors should target risk.

It's also that comedians don't have the kind of narcissism that actors have. They're writers who perform their own material. It's more interesting. And they're sexy because they risk more. Stand-up comedians risk more than anyone.

Individual versus group selection results in a mix of altruism and selfishness, of virtue and sin, among the members of a society. If one colony member devotes its life to service over marriage, the individual is of benefit to the society, even though it does not have personal offspring. A soldier going into battle will benefit his country, but he runs a higher risk of death than one who does not. An altruist benefits the group, but a layabout or coward who saves his own energy and reduces his bodily risk passes the resulting social cost to others.

Faithfulness requires the courage to risk everything on Jesus, the willingness to keep growing, and the readiness to risk failure throughout our lives.

A risk is a risk because it's avoidable.

An essential element of any art is risk. If you don't take a risk then how are you going to make something really beautiful, that hasn't been seen before?

I live through risk. Without risk there is no art. You should always be on the edge of a cliff about to fall down and break your neck.

Realize that sleeping on a futon when you're 30 is not the worst thing. You know what's worse, sleeping in a king bed next to a wife you're not really in love with but for some reason you married, and you got a couple kids, and you got a job you hate. You'll be laying there fantasizing about sleeping on a futon. There's no risk when you go after a dream. There's a tremendous amount to risk to playing it safe.

When you risk nothing, you risk never truly living!

No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on what Graham called the "margin of safety" - never overpaying, no matter how exciting an investment seems to be - can you minimize your odds of error.

The practice of love offers no place of safety. We risk loss, hurt, pain. We risk being acted upon by forces outside our control.

I'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.

Risk is at the heart of jazz. Every note we play is a risk.

She knew that when she got old it would be more fun to look back on a life of romance and adventure than a life of quiet habits. But looking back was easy. It was the doing that was painful. There were plenty of things she would like to look back on but wasn't willing to risk.

Words may deeply wound us, but we must run that risk to be free.

In those who rest on their unshakable faith, pharisaism and fanaticism are the unmistakable symptoms of doubt which has been repressed. Doubt is not overcome by repression but by courage. Courage does not deny that there is doubt, but it takes the doubt into itself as an expression of its own finitude and affirms the content of an ultimate concern. Courage does not need the safety of an unquestionable conviction. It includes the risk without which no creative life is possible.

After I lost my fiance, it seemed like it would be better to always be alone than to risk being hurt again.

Is it not better to fail after asking advice than to risk acting on our own?

While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment results, limit risk, and resist crowd psychology.

Big Data will spell the death of customer segmentation and force the marketer to understand each customer as an individual within eighteen months, or risk being left in the dust.

When all feels calm and prices surge, the markets may feel safe; but, in fact, they are dangerous because few investors are focusing on risk.

All North Koreans know the risk of all their actions. Yeonmi Park grew up in North Korea and says watching outside videos changed her perspective of the world. She says, as a child, all she learned from watching state-run media was love for the Kim regime and North Korea.

Icelandic people are inbred. And they have a sense of themselves as genetically special, and a history of risk-taking because they make their living on the high seas fishing. Assets generally rose in value during this period, and so it looked like they actually knew what they were doing.

Not everyone is willing to embrace liberty; liberty requires not just effort, but risk. Some people choose to delude themselves and see their chains as protective armor.

Boldness 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.

When you marry young, you run the risk that you'll grow in different directions.

Don't short many stocks. Instead they hedge for tail risk with CDS and options. They are happy to incur illiquidity

Risk 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.

Risk being seen in all of your glory.

What part of me was born with the courage to stand in front of strangers and risk rejection?

You can't come up against the world's most powerful intelligence agencies and not accept the risk. If they want to get you, over time they will.

I'm fascinated how often and with what whole-heartedness people will risk their lives to perform acts of courage, sacrifice, and compassion for total strangers.

My view is that an investor is better off knowing a lot about a few investments than knowing a little about each of a great many holdings. One's very best idea's are likely to generate higher returns for a given level of risk than one's hundredth or thousandth best idea.