Quotes About Risk

And in all my years, I have never met a rich person who has never lost money.

shvatio sam da je borba kona?ni test volje i obuke. Nema drugog mjesta, a pobjednik je onaj koji je najspremniji. Promijenio sam svoj stav i sada sam razmišljao ovako: Borba nije rizi?na. Rizi?na je nepripremljenost. Shvatio sam da poduzetništvo nije rizi?no. Rizi?na je nepripremljenost.

Financially intelligent people think in terms of risk and reward.

financially intelligent people weigh the risks and they weigh the rewards.

But it is not a winning portfolio. It is a portfolio of someone playing not to lose.

They know how to become very rich winning just 2 percent of the time and losing 98 percent of the time.

When it comes to money, most people want to play it safe and feel secure. So passion does not direct them. Fear does.

living for five years on borrowed money.

The problem with "secure" investments is that they are often sanitized, that is, made so safe that the gains are less. Most

You get a tax break for going into greater debt.

Many losers bet only on sure things such as job security, a steady paycheck, a guaranteed pension, and interest from a bank account.

But a savvy investor knows that the seemingly worst of times is actually the best of times to make money. When everyone else is too afraid to act, they pull the trigger and are rewarded.

Put a lot of your eggs in a few baskets and FOCUS:

Protection from lawsuits

Two roads diverged in a wood, and I— I took the one less traveled by, And that has made all the difference. And

He knew I was venturing out into the world without any guarantees of security.

Because of their willingness to take risks wisely

they will tell me it's risky. They tell me why I should not do it. When I ask them where they get their information, they say from a friend or an investment magazine. They've never done it, and they're telling someone who's doing it why they shouldn't.

So we stay with what is safe, and opportunities pass us by.

Often, they mindlessly repeat what they have been told. Ideas such as "diversify" or "your home is an asset." "Your home is your biggest investment." "You get a tax break for going into greater debt." "Get a safe job." "Don't make mistakes." "Don't take risks.

Risk comes from not knowing what you're doing.

A little fear can be a healthy thing, but we shouldn't live in fear of making mistakes.

But a savvy investor knows that the seemingly worst of times is actually the best of times to make money.

people who are filled with doubt are willing to accept a far lower return. Doubt is expensive.