Quotes About Risk

Obviously I was going a little too fast, but as I came around a sharp bend, I encountered a car going even faster. I was only conscious of a long, sleek shape hurtling directly at me.

him. They'd talk of him as a hero when in reality he was a bloody fool, a sitting duck. This was a bombing mission that should never have been flown.

There are two times in a man's life when he should not speculate: when he can't afford it, and when he can." —Mark Twain

There's only one problem with market timing: It doesn't work.

Eso sólo podría decirlo el futuro; por el momento, lejos de arredrarme sentí un gran coraje, y tuve la certeza de que me había de romper el alma antes que ceder a las fatigas o esquivar algún peligro del arreo.

Narrar es jugar al póquer con un rival que puede mirarte las cartas.

He was playing a game he did not believe he could win, for stakes he could not bear to lose.

Roy: It's a winding road with no guardrails and some deeply stupid cul-de-sacs, but it's still technically a path.

Preston later spoke of Zemurray with admiration. He said the kid from Russia was closer in spirit to the banana pioneers than anyone else working. "He's a risk taker,"4 Preston explained, "he's a thinker, and he's a doer.

if we limited ourselves to good ideas, nothing of any worth would ever be accomplished.

Sometimes sadness teaches lessons that lead to more sadness, but sometimes it can lead to changed behavior. Sometimes happiness cannot figure out how to give itself to others. Sometimes joy can only be lived, a lucky chance that one takes, a risk that says damn the consequences.

Disruption requires an irrational thought: "Why don't we stop what we are doing now, what we have done well, and what has been profitable to us and useful to our customers, and do this new, untested thing that has a good chance of failing?

The category of small-cap value represents approximately 3 percent of the capitalization of the broad U.S. market.

The point on Figure 6-8 that is most interesting is a portfolio representing 70 percent in the broad market and 30 percent in the small value index. Over a 30-year period, a mix of 70 percent in the total market and 30 percent in the small-cap value index would have increased U.S. equity returns by 2.0 percent with very little increase in observed portfolio risk. Figure

Stock investors should expect periods of time when equities do not make money after inflation. It is the nature of investment risk. This is also why time in the market is critical to stock investors. In the long run, equities have outpaced inflation by a wide margin, and they are expected to remain one of the best real return investments in the future. You have to stay invested during all market conditions to benefit from the gains. U.S.

The lesson we learn from Tables 2-2 and 2-3 is that higher volatility of returns leads to lower compounded returns and vice versa. Accordingly, any strategy that lowers the return volatility of the portfolio without lowering the simple average return will increase the compounded return.

Volatility creates lower returns and thus is itself a risk. If you can reduce the volatility in a portfolio, then the compounded return moves higher, closer to the simple average return of the weighted investments in the portfolio. This is how lower portfolio price volatility increases portfolio return over time.

Don't try to out-guess the markets because you will not be successful in the long term, and it will cost you dearly. Control what you can control: costs, taxes, risk. Then let the markets take care of the rest. This approach has the highest probability of financial success.

Investors who take no investment risk should expect no return after adjusting for inflation and taxes. Unfortunately, taking investment risk also means that you can and will lose money at times. There is simply no way around this. There is no free lunch.

Asset allocation eliminates the need to predict the near-term future direction of the financial markets and eliminates the risk of being in the wrong market at the wrong time.

There are no risk-free investments after taxes and inflation.

It is as if we are trapped in a never-ending game, our lives hinging on the roll of a dice or the turn of a card.

He fought because he actually felt safer fighting than running.

Why fly? Simple. I'm not happy unless there's some room between me and the ground.