Quotes About Risk

Jumping to conclusions is efficient if the conclusions are likely to be correct and the costs of an occasional mistake acceptable. Jumping to conclusions is risky when the situation is unfamiliar, the stakes are high and there is no time to collect more information.

An inability to be guided by a "healthy fear" of bad consequences is a disastrous flaw.

When you pay attention to a threat, you worry—and the decision weights reflect how much you worry. Because of the possibility effect, the worry is not proportional to the probability of the threat. Reducing or mitigating the risk is not adequate; to eliminate the worry the probability must be brought down to zero.

Loss aversion is a powerful conservative force that favors minimal changes from the status quo

An unbiased appreciation of uncertainty is a cornerstone of rationality—but it is not what people and organizations want. Extreme uncertainty is paralyzing under dangerous circumstances, and the admission that one is merely guessing is especially unacceptable when the stakes are high. Acting on pretended knowledge is often the preferred solution.

Maintaining one's vigilance against biases is a chore—but the chance to avoid a costly mistake is sometimes worth the effort.

It's easy to make something avant garde. To do something in the traditional way is much more brave in the sense that you're - your technique is so much more exposed because there's not all this flashy stuff to distract the viewer.

At its best, film should be like a ski jump. It should give the viewer the option of taking flight, while the act of jumping is left up to him.

I think why I was attracted to making something with Vice is that level of intimacy that you get as the viewer, getting to see some of that production element where we don't exactly know what we're doing, where we're going, or even if it's a good idea.

I do my own stunts. You see someone like Graham Norton would have had a stunt double, but no, I give 100 per cent to my viewers.

I think that if your approach is one where you don't want to alienate anybody, you're going to have to soften the viewpoint or the information that you're offering to such an extent that it doesn't have the power to make any difference. You have to take that risk.

If I have an opportunity to do something safe or something challenging, I'll often choose the latter. Sometimes, the objective is to submerge my viewpoint with the artist.

Father's ideals became part of me and still are today. His reserve, deeply rooted liberal views, his provocative humour, his passion for work and love of risk are also mine.

I personally have said many times I'd be a hundred percent in equities. That fits my risk profile and my views of the world, though obviously it's not appropriate for everyone. Most investors need a more diversified portfolio.

The price of freedom is eternal vigilance. Don't store unnecessary data, keep an eye on what's happening, and don't take unnecessary risks.

The rapid increase in the production and transportation of crude oil requires additional vigilance for the continued safe movement of this commodity.

Women have to be very vigilant, and demand the very best in public schools, health care and pay, those things that men and women of this state value are at risk.

I gambled when I left QPR to go to Aston Villa half-way through the season when we were winning every Championship game, and that paid off. You just get a sense inside you, and you have to go.

The problem with tactical novelties that might lead to a manager being hailed as a hero is that if they do not come off they are the villain.

There's a Nina Simone record that I love, 'Live at Vine Street,' and she sings flat on it. I can imagine she might've told the record label, 'Oh, God, you're not releasing that!' But I'm glad they did.

I always recommend rewiring vintage lighting. It's not a bargain if your house burns down.

My impression is the Trump administration is in imminent danger of violating the gunfighter's credo, which is 'Do not pick seven fights if you are carrying a six shooter.'

I think for writers, I think it's really important to court eviction from your tribe: to expose things and to wake people up. And so I think that that can feel like a violation to the people you love the most.

I give the name violence to a boldness lying idle and enamored of danger.