Quotes About Risk

Hanging out with Sam or any two-year-old is basically one big suicide watch. Their mission is to find one new way after another of offing themselves - piss in an electric socket, lick a pit bull's nose, chase an ice cream truck into traffic - and your job as a parent is to step in before it happens.

If you don't take risks, there's no room for luck. I took a chance. I got lucky.

Either you decide to stay in the shallow end of the pool, or you go out in the ocean.

Crazy people who are productive are geniuses. Crazy people who are rich are eccentric. Crazy people who are neither productive nor rich are just plain crazy. Geniuses and crazy people are both out in the middle of a deep ocean geniuses swim, crazy people drown. Most of us are sitting safely on the shore. Take a chance and get your feet wet.

Historians who carefully examined the events and details behind the disasters of the Titanic, the Challenger, and the Bay of Pigs have determined a common thread: the inability or unwillingness of participants and leaders to raise questions about their concerns. Some group members were fearful that they were the only one who had a particular concern (when, in fact, it was later discovered that many people in the group had similar concerns).

The main issue is that putting yourself in a position to enjoy good luck also puts you in a position to lose.

There are no good or bad horses, just correctly or incorrectly priced ones. This principle holds across all probabilistic domains: again, the goal is to get more than you pay for.

You have a margin of safety when you buy a stock at a price that is substantially less than its value. As Graham noted, the margin of safety "is available for absorbing the effect of miscalculations or worse than average luck.

All progress takes place outside the comfort zone.

One day I will risk losing you forever. When I'll tell you for the first time that I love you.

In any investment, you expect to have fun and make money.

Gambling is legal and betting is legal, for what I bet.

Across some of the harshest and most difficult terrain in the world, led by a man who already had a price on his head.

Even those who die in terrorist attacks, and have thus had the bad luck to be in the wrong place at the wrong time, are described as "heroes", though given a choice most of them would no doubt have preferred to be somewhere else when the blow was struck.

Trouble might come for you when you showed fear, but trouble doubled down when you lied about being afraid.

It seemed clear that people in love lived in constant jeopardy. They were either making love or making each other crazy.

Now that Olive was grown, I didn't know what to do with myself. You could build your life around one single thing, like a view or a child, but that was risky. You had so much to lose.

Managers tend to pick a strategy that is the least likely to fail, rather then to pick a strategy that is most efficient," Said Palmer. " The pain of looking bad is worse than the gain of making the best move.

What are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they're still all wrong.

fifth risk: the risk a society runs when it falls into the habit of responding to long-term risks with short-term solutions.

When you let it get personal, the cost becomes personal too. You're opening your own heart here. You sure you want to do that?

Bad things had a way of happening to people who opened their mouths in the Murder Capital of the United States.

Any good strategist knew that sacrificing a pawn was vastly preferable to risking the king. It was the whole reason armies had infantries.

Somebody might start to take you serious, and lift your chin with a rifle barrel. Lift it right through the top of your damned head.