Quotes About Risk

Valor lies just halfway between rashness and cowardice.

I've done routes where I've climbed 200 feet off the ground and just been, like, 'What am I doing?' I then just climbed back down and went home. Discretion is the better part of valor. Some days are just not your day. That's the big thing with free soloing: when to call it.

My home has three-tier security, which is valuable to me considering I get five death threats a month.

There's nothing more valuable than your freedom in your life. When you're in the streets you're gambling with that 24/7. If you don't know that you're just flat out dumb to me.

To me this movie is about what is valuable. To one person it might be a stone; to someone else, a story in a magazine; to another, it is a child. The juxtaposition of one man obsessed with finding a valuable diamond with another man risking his life to find his son is the beating heart of this film.

A quarterback that goes out and performs for you and is a franchise quarterback is more valuable than a player playing another position, but there's a lot more risk there. It's a more difficult position to play, and there are lot more failures.

Even a stuntman's life is valuable.

Fear, greed and hope have destroyed more portfolio value than any recession or depression we have ever been through.

There is no such thing as a value trap. There are investing mistakes.

When we do an investment, we always ask, 'Can we affect the outcome? When buying a company, can we have an impact?' That's a different style of investing than a passive investor in the stock market. To me, that's how you're taking the risk out of it. You know what your capability is and how you can enhance value.

My thesis topic was 'The value of a human life.' I asked people a question: 'Suppose you had some risk, a one in a thousand risk of dying - how much would you pay to eliminate it?'

I think investors ought to focus on making sure that the stock is within their circle of competence, that it's worth a lot more than it's valued at - and once you have those two things, a stop-loss makes no sense.

Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk.

There are many reasons to avoid taking risks. Friendship is not among them.

Fanatics don't choose to stop blinding themselves. His Lordship's more at risk of becoming the figure-head steered by the needs of the mob. What man who leads a pack of followers isn't?

For most important things, though, success actually requires avoiding many separate possible causes of failure. The

The poor performance of the huge Soviet army against the tiny Finnish army had been a big embarrassment to the Soviet Union: about eight Soviet soldiers killed for every Finn killed. The longer a war with Finland went on, the higher was the risk of British and French intervention, which would drag the Soviet Union into war with those countries and invite a British/French attack on Soviet oil fields in the Caucasus.

When the parachute opens, it's this incredible feeling... You float slowly towards solid ground. And when you land, it's like you're someone brand new. You're pure. I'm convinced it's like confession for the Catholics. You should all give it a try.

The alluring, long-shot chance of a huge gain is the grease that lubricates the machine of innovation.

The risk you are likely to be rewarded for taking is the risk of owning all stocks. In effect, rather than betting on one roll of the dice, one spin at the roulette wheel, or a single hand at the blackjack table, you can own the whole casino. You can do this effortlessly, cheaply, and reliably by buying a total stock-market index fund, a low-cost portfolio of all the stocks worth owning.

What history does prove is that how risky stocks seem, and how risky they actually are, are inversely correlated.

You should welcome a bear market, since it puts stocks back on sale.

Putting up to a third of your stock money in mutual funds that hold foreign stocks (including those in emerging markets) helps insure against the risk that our own backyard may not always be the best place in the world to invest.

If you enjoyed laughing in the face of death, you might like to have a crack at High Saffron. One hundred merits, and all you have to do is take a look.' 'I understand there's a one hundred percent fatality rate?' 'True. But up until the moment of death there was a one hundred percent survival rate. Really, I shouldn't let anything as meaningless as statistics put you off.