Quotes About Risk

These classic Donchian trading rules were first published over 75 years ago: General Guides Beware of acting immediately on

Speculation is looked upon as being so much more risky than other avocations cause its results are more sudden and startling, though not one whit more disastrous. Statistics show that ninety-five out of one hundred men fail in mercantile life. The proportion is not greater among speculators: quicker action is obtained whether it be favorable or unfavorable, and it does not take five or ten years' time to find that you are playing a losing game."7

Keep down your losses—never let them get away from you. Let your profits take care of themselves.'"6

One of the biggest mistakes most investors make is believing they've always got to be doing something . . . the trick in investing is not to lose money . . . the losses will kill you. They ruin your compounding rate; and compounding is the magic of investing.

The aim is to make money, not to be right

You can't be a trader when you're right and an investor when you're wrong. That's how you lose.

He pointed out his success comes from having a slight edge and proper betting.

The best place to live on this curve is the spot where you can deal with the emotional aspect of equity drawdown required to get the maximum return. How much heat can you stand? Money management is a thermostat—a control system for risk that keeps your trading within the comfort zone. Gibbons Burke5

the time Bannon and Priebus were back in Washington, three blue-chip firms had said no. All of them were afraid they would face a rebellion among the younger staff if they represented Trump, afraid Trump would publicly humiliate them if the going got tough, and afraid Trump would stiff them for the bill. In the end, nine top firms turned them down.

By the time Bannon and Priebus were back in Washington, three blue-chip firms had said no. All of them were afraid they would face a rebellion among the younger staff if they represented Trump, afraid Trump would publicly humiliate them if the going got tough, and afraid Trump would stiff them for the bill. In the end, nine top firms turned them down.

we instinctively zero in on dangers that are unusual or immediate, while paying much less attention to hazards that unfold more slowly or in a more familiar way.

Poetry like love risks everything on signs.

Elämä ilman lukemista on vaarallista, silloin on pakko tyytyä elämiseen ja siinä on omat riskinsä.

I felt more and more ill at ease: people had often spoken to me about show business, media projects, and micro-sociology; but art, never, and I was filled with the presentiment of something novel, dangerous, and probably fatal, from a domain where there was — a bit like in love — almost nothing to win and almost everything to lose.

Wydr??y?em dziurk? w piasku, wsun??em tam oba dzie?a; teraz problem polega? na tym, ?e musia?em poszuka? sobie czego? do czytania. Zycie bez czytania jest niebezpieczne, trzeba zadowoli? si? samym ?yciem, a to niesie ze sob? pewne ryzyko.

The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.

You're afraid. You're afraid of trying and not succeeding. What's the worst thing that happens if you apply and don't get it?" -Scott

Are you willing to care enough to get hurt?

I took a gamble to exercise leadership without losing my feminine nature.

You really shouldn't drink potions if you don't know what they do. - Aunt Polly

I'm the kind of trouble a man like you can't handle.

Threw a spade and got a heart.

Situational unawareness in the private marketplace or on the battlefield will cost you your livelihood or your life. In the Age of Obama, however, such willful ignorance is a job prerequisite. The less you know the better.

there comes a time when you measure how much you have to lose!