Quotes About Risk

Enjoy every morning and appreciate each day you have on Earth. Take bold risks yet hedge them with common sense. Balance living like there is no tomorrow with behaving like you'll live forever.

Stop being so practical. Start doing the things you have always wanted to do.

Don't go looking in dark places, because dark things live there.

The chemicals were both highly flammable and highly toxic, and more than one inexpert bust had ended in conflagration.

They didn't understand. They didn't understand that robbing had nothing to do with what we wanted; it was the dare, the terror, the getting away with it.

Dead man has nothin' to lose, nothin' to be feared of. Now I'm back among the living and scared to death about what happens next. —Samuel Reed

In our lives, we surf the wave of chance.

Neither the mob nor Vegas could exist if most people weren't optimists

he knows he's running wild--and chooses to, burning up the future years of an empty lifetime for a few flashes of freedom

If dovetailing had to be summed up in one sentence, it would be: Look for items that are of low cost to you and high benefit to them, and vice versa. Differences in interests, priorities, beliefs, forecasts, and attitudes toward risk all make dovetailing possible. A negotiator's motto could be "Vive la différence!

Markets can remain irrational longer than you can remain solvent.

The real culprit in 1994 was leverage. If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant. But a leveraged firm may be forced to sell, lest fast-accumulating losses put it out of business. Leverage always gives rise to this same brutal dynamic, and its dangers cannot be stressed

And in the late summer of 1998, the bond-trading crowd was extremely fearful, especially of risky credits. The professors hadn't modeled this. They had programmed the market for a cold predictability that it had never had; they had forgotten the predatory, acquisitive, and overwhelming protective instincts that govern real-life traders. They had forgotten the human factor.

Finance is often poetically just; it punishes the reckless with special fervor.

Hewlett-Packard is somewhat riskier than GE; Amazon.com, riskier still.

If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant. But a leveraged firm may be forced to sell, lest fast-accumulating losses put it out of business. Leverage always gives rise to this same brutal dynamic, and its dangers cannot be stressed too often.

Warburg hesitated before daring to reply. "Your bank is so big and so powerful, Mr. Stillman, that when the next panic comes, you will wish your responsibilities were smaller.

If you aren't in debt, you can't go broke and can't be made to sell, in which case "liquidity" is irrelevant.

Markets can remain irrational longer than you can remain solvent. —JOHN MAYNARD KEYNES

The important person in a free economy is not the manager but the entrepreneur – the one who takes risks and meets the cost of them.

The main point, it seems to me, is to maintain a life of active risk and affection, while helping the body along the path of decay, remembering always that the value of life does not consist in its length but in its depth.

One of the disadvantages of traveling alone is that when you fall there is none to assist you.

Trouble can be purchased cheaply, though the refund may be more than you can bear.

Fiona and Brand had reached beyond everything and found something, where none of the rest of us had believed anything to exist. The danger released was, on some level, almost worth the evidence obtained: we were not alone, nor were shadows truly our toys.