Quotes About Risk

Let every man look before he leaps.

Let me leap out of the frying-pan into the fire or, out of God's blessing into the warm sun.

Many go out for wool, and come home shorn themselves.

Miguel de Cervantes Saavedra

Only he who attempts the absurd is capable of achieving the impossible.

For several years the researchers did not let anyone else in on their work, not because they were afraid it would be stolen, but because they were afraid that their colleagues would laugh at their seemingly crazy ideas.

As Democritus said so simply many centuries ago: "Water can be both good and bad, useful and dangerous. To the danger, however, a remedy has been found: learning to swim.

If one does not expect perfect safety, recognizes that risks are inevitable, and succeeds in enjoying a less than ideally predictable world, the threat of insecurity will not have as great a chance of marring happiness.

If I set as my goal to remain alive while sitting on the living-room sofa, I also could spend days knowing that I was achieving it, just as the rock climber does. But this realization would not make me particularly happy, whereas the climber's knowledge brings exhilaration to his dangerous ascent.

It is usual to explain the motivation of those who enjoy dangerous activities as some sort of pathological need: they are trying to exorcise a deep-seated fear, they are compensating, they are compulsively reenacting an Oedipal fixation, they are "sensation seekers." While such motives may be occasionally involved, what is most striking, when one actually speaks to specialists in risk, is how their enjoyment derives not from the danger itself, but from their ability to minimize it.

Those who always worry about what can go wrong might be well prepared against dangers but will never know how enjoyable life can be.

It is precisely because the unknowns are so great and dangerous that we require some manner of faith to choose our path and to give us courage.

alea is the class that includes all games of chance, from dice to bingo;

When a field becomes too self-referential and cut off from reality, it runs the risk of becoming irrelevant. It is often dissatisfaction with the rigidity of domains that makes great creative advances possible.

The American replied, "Maybe fifteen to twenty years." "But what then, Señor? What after the fifteen to twenty years?" The American laughed and said, "Ah, that's the best part. Because after that, when the time is right, you'd sell your company stock to the public, you'd become filthy rich, and you'd make millions.

Flight and guidance systems are theoretically foolproof these days, but fools are surprisingly ingenious.

NEVER file an insurance claim for a stolen air conditioner, stolen tools, stolen supplies, stolen carpet, stolen pipes, stolen furnaces, vandalism, or stolen anything. Pay for this out of your pocket. You do not want to jeopardize your insurance record from these puny claims.

When I got started eons ago, I had a $1,000 deductible. Today, most of my policies have a $5,000 deductible and some have a $10,000 deductible.

NEVER Rent to Family, In Laws, Outlaws, Friends, or Vendors There's just too much at risk.

Not Requiring Renters' Insurance This is your first line of defense in protecting your rentals from something caused by your residents. I expand a lot on this in the chapter on insurance. This is very important.

starters, if they are available in your town, try to acquire houses built after 1978 because this will automatically remove you and your business from all of the risks associated with lead-based paint.

NEVER allow an out-of-town co-signer because should things get ugly, it will cost you a lot more to pursue collections on a person not in your town. APPLICANT

please remember one of the big three fatal mistakes of investors is getting "Bad Advice.

Could it hurt to take a look? The answer was yes, of course. It's always yes. But I went anyway.