Quotes About Risk

David has nothing to lose, and because he has nothing to lose, he has the freedom to thumb his nose at the rules set by others. That's how people with brains a

We associate the willingness to risk great failure and the ability to climb back from catastrophe with courage, but in this, we are wrong. That is the lesson of Taleb and Niederhoffer, and also the lesson of our volatile times. There is more courage and heroism in defying the human impulse, in taking the purposeful and painful steps to prepare for the unimaginable.

But the truth is that for the most important decisions, there can be no certainty

We accept the fact that being a parent requires a fundamental level of trust in the community of people around your child. If every coach is assumed to be a podophile, then no parent would ever let their child leave the house. And no sane person would ever volunteer to be a coach. We default to truth even when that decision carries terrible risks because we have no choice. Society cannot function otherwise.

A giant inverted steel pyramid is perfectly balanced on its point. Any movement of the pyramid will cause it to topple over. Underneath the pyramid is a $100 bill. How do you remove the bill without disturbing the pyramid?

just dumb enough to be fearless, just bright enough to be dangerous

In 52 percent of crashes, the pilot at the time of the accident has been awake for twelve hours or more, meaning that he is tired and not thinking sharply.

This kind of management system clearly has its risks. It meant Van Riper didn't always have a clear idea of what his troops were up to. It meant he had to place a lot of trust in his subordinates. It was, by his own admission, a messy way to make decisions. But it had one overwhelming advantage: allowing people to operate without having to explain themselves constantly turns out to be like the rule of agreement in improv. It enables rapid cognition.

Men are as liable to pursue their own ruin as their own advantage. In

This was my first lesson about gambling: if you see somebody winning all the time, he isn't gambling, he's cheating. Later on in life, if I were continuously losing in any gambling situation, I would watch very closely.

The true secret of success in the investment and speculative world is not so much which good securities to buy, but rather which investments to avoid.

If you don't visit the bad neighborhoods, the bad neighborhoods are going to visit you.

Success goes to those who dare to dream. And sometimes you have to take a little "scary action," as well.

The only thing you have to fear more than failure is success.

You must put your head into the lion's mouth if the performance is to be a success.

Norman Mailer in his writings is ultimately more concerned with success than with danger; danger is only a means to success.

The ambitious climbs high and perilous stairs and never cares how to come down the desire of rising hath swallowed up his fear of a fall.

Be careful with your gift. It can lead to your success or your destruction.

It takes ten good decisions to make up for one disastrous one. This is why it is better not to make nine good decisions than to make one bad one—which is what happens most of the time.

Creative solutions come at drastic times, if you open your mind to the possibilities. Free yourself to take a chance!

Often, it takes more guts than skill to open doors. Once the doors get opened, then it's up to you.

The greatest obstacle to success is the fear of failure.

You will not be a success in every business, but if you don't start a business you will never be a success.

Life is not so simple as you think without taking those risks, trying everything to make ends meet.