Quotes About Risk

Usually, what we most fear doing is what we most need to do.

I can't give you a surefire formula for success, but I can give you a formula for failure: try to please everybody all the time.

What we fear doing most is usually what we most need to do. As I

Answer me this: would you work harder to earn $100 or avoid losing $100? The smiley optimist says the former, but if research from the Center for Experimental Social Science at New York University is any indication, fear of loss is the home-run winner. Experimental groups given $15 and then told the $15 would be rescinded if they lost a subsequent auction routinely overbid the most. Groups offered $15 if they won weren't nearly as "committed.

camiseta en Manhattan en la que ponía que las malas decisiones dan buenas historias.

Always take jobs for which you are not qualified; that way you will inevitably learn something.

Asset allocation: "They absolutely, beyond a shadow of a doubt, know they're going to be wrong . . . so they set up an asset allocation system that will make them successful. They all agree asset allocation is the single most important investment decision.

Lo que más tememos hacer suele ser lo que más necesitamos hacer.

don't get daunted out of shooting for something you want, especially by potentially unfounded assumptions.

Often, there's a very basic, very dumb question at the center of a story that no one's asking. One of the biggest stories I ever did, 'The Giant Pool of Money,' was predicated on just such a dumb question: 'Why are the banks loaning money to people who can't possibly pay it back?' Asking the right dumb question is often the smartest thing you can do.

Toma la decisión de hacer cada día una cosa que te dé miedo.

The fishing is best where the fewest go, and the collective insecurity of the world makes it easy for people to hit home runs while everyone else is aiming for base hits. There is just less competition for bigger goals. Doing big things begins with asking for them properly.

No valores únicamente las posibles desventajas de actuar.

También es importante sopesar el coste atroz de no actuar. Si no persigues lo que te entusiasma, ¿dónde

Throw it all up on the wall and see what sticks.

If you remember nothing else, remember this: If you're in your 40s or beyond and you care about living longer, which immediately puts you in a selection bias category, there's an 80% chance you're going to die of [one of] those four diseases. So any strategy toward increasing longevity has to be geared toward reducing the risk of those diseases as much as is humanly possible.

no actuar es el mayor riesgo de todos.

I do want to live a brave life. I do want to live in the arena. And if you're going to live in the arena, the only guarantee is you will get your ass kicked. . . . Daring greatly is being vulnerable. So when you ask yourself, 'Did I dare greatly today?' The big question I ask is, 'When I had the opportunity, did I choose courage over comfort?

Es esencial perderse y cambiar de planes de vez en cuando. Es una fuente de creatividad y perspectiva. El peligro de los esquemas, los ayudantes capaces y la planificación es que puedes acabar viviendo la vida como si estuviera planeada. Y si haces eso, es posible que tu potencial no consiga superar tus expectativas.»

No tendría más sentido guardarse más bien lo contrario? ¿Recordar todas las veces que sí salió bien? ¿Todas las veces que asumimos un riesgo? ¿Todas las veces que logramos alegrarle a alguien el día? Cuando

Are You Over-Correlated?

yo decidí darle la vuelta a ese plan y viajar siendo muy joven,

As legendary hedge fund manager Ray Dalio told Tony Robbins (page 210): "It's almost certain that whatever you're going to put your money in, there will come a day when you will lose 50% to 70%." It pays to remember that if you lose 50%, you need a subsequent 100% return to get back to where you started. That math is tough.

Qué es lo peor que puede pasar