Quotes About Risk

New Zealand needs to balance its environmental responsibilities with its economic opportunities, because the risk is that if you don't do that - and you want to lead the world - then you might end up getting unintended consequences.

But I was used to finding something deadly in things that attracted me; there was always something deadly lurking in anything I wanted, anything I loved.

But there is one thing that I've learned about luck. It rears its head as an opportunity, not a gift, and what seems to separate the lucky from the unlucky is the willingness to take Lady Luck for a ride.

There is always a certain risk in being alive, and if you are more alive, there's more risk." —Henrik Ibsen, A Doll's House

The credit crunch was based on a climate (the post-Cold War victory party of free-market capitalism), a problem (the sub-prime mortgages), a mistake (the mathematical models of risk) and a failure, that of the regulators.

mortgage The word literally means "dead pledge," and if it were called that maybe more people would think twice about getting one. It is a classic example of a financial entity that would scare people off if they thought more clearly about what it is: a highly leveraged form of long-term borrowing with regular demands for cash payment against an illiquid asset that is known to be even more illiquid in difficult times.

How does the industry seek to master the risks? Through mathematics. The common-sense version of what sophisticated investors do is diversification, a technique so old it's mentioned in the Talmud, where the strategy advocated is to have a third of your assets in trade, a third in cash and a third in land.

Most hedge funds fail: 90 percent of all the hedge funds that have ever existed have closed or gone broke.

How best to state his case. In a game of stakes and odds, Onions held a full corpse to his one arm – he didn't even have a pair.

driven crazy by not knowing which'll destroy us first, the H-bomb or the wrong fork at the dinner table,

A desk is a dangerous place from which to watch the world.

There is also a running wobble between extreme precision, specious or otherwise, and approximation ("just over fifteen hundred", "just over sixty-nine percent"), so the whole risks annoying non-geek and ultra-geek readers, garnering the worst of both worlds.

Bullshit. Your life?" Rush said sarcastically. "Bullshit. If I lose, I go to prison. If you lose, you go to lunch.

The Beck seemed to feel that if she let her guard down for an instant, she would die. Kidnappers lurked in every public bathroom, you got cancer if you caught a whiff of secondhand tobacco smoke, bombs and handguns proliferated in high schools everywhere, you caught AIDS if you even kissed you boyfriend. God forbid you got a sunburn of forgot to fasten your seat belt.

if you were to take account of everything . . . , you would never do anything. It is better to have a brave heart and endure one half of the terrors we dread than to [calculate] all of the terrors and suffer nothing at all. . . . Big things are won by big dangers.

William Frederick 'Buffalo Bill' Cody, hunter, Indian-fighter and showman, joined the Pony Express – the West's legendary mail service – at the age of fourteen, in response to an ad which ran: 'WANTED young skinny wiry fellows not over eighteen. Must be expert riders willing to risk death daily. Orphans preferred. Wages $25 a week.

This is to think that men are so foolish that they take care to avoid what mischiefs can be done them by polecats and foxes, but are content, nay, think it safety, to be devoured by lions.

When I was your age, art was a lonely thing: no galleries, no collecting, no critics, no money. We didn't have mentors. We didn't have parents. We were alone. But it was a great time, because we had nothing to lose and a vision to gain.

I do get depressed when I think how people are going to see my pictures. If they're going to be unkind... Selling a picture is like sending a blind child into a room full of razor blades. It's going to get hurt and it's never been hurt before, it doesn't know what hurt is.?

The Sid speciality was getting his hair to stick up like Bowie's. He would get two chairs from the living room and put them in front of the oven, open it, and lie upside down with his head inside with the gas on, and the heat would make his hair stiff. He once caught fire that way too. Sometimes it would frizzle at the end, but it was a good look. You know, "How does Dave Bowie get that happening?" "Well, just like you, Sid!

Delays breed dangers.

Let me stand to the main chance.

People do not risk their lives in the face of persecution to uphold a view they believe to be in error or only somewhat probable.

Unlike my grandfather or my brother, I've actually been able to make some money at a racetrack.