Quotes About Risk

Chapter 6 showed that over holding periods of 20 years or longer, stocks have both a higher return and lower after-inflation risk than bonds. The

I love extreme sports, I like snowboarding and motorcross and rollerblading and hockey.

Icarus flew too close to the sun, but at least he flew.

Jeremy Robert Johnson

If you follow love, you can't go wrong, even if it leads to disaster. Trust it." Raphael to Lucifer

If I finance a bank and I know if the bank will get in trouble, I will be hit and I will lose money, I will put a price on that.

there is no good in frequently seeing objects which may one day lead to your captivity, or in making trial of things which you would find it hard to do without.

even in his own house, a man cannot use his eyes without danger.

It is a wise man who knows where courage ends and stupidity begins.

A book is an experiment, and as with all experiments, there is a sense of uncertainty about how it will turn out.

to taking an action that could make life even worse. Psychologists call this "loss aversion." Research in cognitive

Life will always remain a gamble, with prizes sometimes for the imprudent, and blanks so often to the wise.

I've had great success being a total idiot.

We juggle priceless eggs in variable gravity. I am afraid. I will taste fear until I die.

There's something pleasing about large, well-lit spaces. I love that dealers are willing to take massive chances in order to give this much room to their artists. Most of all, I love that more galleries showing more art gives more artists a shot.

Once you start doing only what you've already proven you can do, you're on the road to death.

When I jumped off a roof in Cannes in a bee costume, I looked ridiculous. But this is my business I have to humiliate myself.

Looking at cleavage is like looking at the sun. You don't stare at it. It's too risky. Ya get a sense of it and then you look away.

As far as I could tell, life was nothing but a forced march down a mined highway. Even if you did everything you were supposed to do, sooner of later if was your turn to step on a claymore.

Performance metrics as a measure of accountability help to allocate blame when things go badly, but do little to encourage success,28 especially when success requires imagination, innovation, and risk. Indeed, as the economist Frank Knight noted almost a century ago, entrepreneurship entails "immeasurable uncertainty," which is not susceptible to metric calculation.

For an idea that does not at first seem insane, there is no hope.

set your own rules and stick to them; never argue with the market; never make a play you can't afford; never give way to irrational exuberance. Above all, don't be a sucker.

The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

There is only one side of the market and it is not the bull side or the bear side, but the right side.