Quotes About Risk

Anything built on a grand scale or with intense passion invites chaos.

Fakat gerçekte birçok birey yüksek statü elde etme ÅŸans? uÄŸruna düÅŸük statü sahibi olma riskini alarak, daha hiyerarÅŸik bir toplumu seçebilir.

As instituições financeiras comportam-se de modo muito diferente do que as empresas na economia real. Ao contrário de uma companhia de manufatura, um grande banco de investimento é sistemicamente perigoso e se correr riscos excessivos pode acarretar custos enormes à economia no seu todo.

Uno de los hallazgos claros de la economía conductual experimental es que las personas son mucho más sensibles a las pérdidas que a las ganancias.

A high degree of autonomy is what permits innovation, experimentation and risk taking in a bureaucracy. If the slightest mistake can end a career, then no one will ever take risks.

Let the fear of a danger be a spur to prevent it; he that fears not, gives advantage to the danger.

Let the fear of danger be a spur to prevent it; he that fears not, gives advantage to the danger.

There wasn't a shed of doubt in her mind that he'd fulfill her every sexual fantasy and them some. But was a brief, hot affair worth losing his friendship?

México está atravesando por una etapa regresiva que podría llevar a nuestro sistema de salud a los años ochenta del siglo pasado y echar por tierra los logros de varias generaciones de médicos y enfermeras, poniendo en riesgo la salud y la seguridad financiera de la población más pobre del país.

When you stop pretending to be who you are not and start being yourself, there is a big risk: significant people in your life may not accept you and leave. Yet, when you stop being yourself and pretend to be who you are not, there is a much bigger risk: the people who would accept and love you just as you are, may not accept you and leave.

Redd shed caution like an outgrown skin.

was ready to do a Brodie out the refuse chute.

Risk a lot to save a lot, risk a little to save a little, and risk nothing for what is already lost."

My mother used to say, "Fun is fun till someone loses an eye.

My analysis was that an accelerated withdrawal, without meeting specific and necessary conditions, risks losing the substantial gains made in Afghanistan [and] damaging U.S. worldwide credibility," McKenzie said.

You just go on your nerve.

I won't touch on risky, because that's subjective. People are just afraid of things too much. Afraid of things that don't necessarily merit fear.

At the time, BT wasn't yet known as the bank where—according to one infamous derivatives salesman—they "lure people into that calm and then just totally fuck 'em." To most of the world, this was still a secret. I had assumed that BT was in business to make as much money as it could. Had I known BT's approach to clients was to "totally fuck 'em," my favorable view of the bank might have changed. Perhaps it would have improved.

That trip, the odds had been in my favor: I had practiced counting cards and could count well enough at blackjack to give me a slim edge over the casino. The basic premise of card counting is that the player can beat the house when there are more high cards than low cards remaining in the deck. If you increase your bets when more low cards have been dealt and more high cards remain, you'll have an advantage over the dealer. I planned to have an advantage, and I planned to win.

This extra cushion of collateral became known as "overcollateralization." For example, if you started with $100 worth of Ajustabonos, the PLUS Notes would be repaid in full even the Ajustabonos dropped to $80 because Banamex ate the first $20 of losses.

My strategy was simple: Bet $5 when there were more low cards in the deck, and bet several hundred dollars when there were more high cards. By switching my bets and counting cards, I obtained a narrow advantage over the casino. Blackjack is the only casino game in which the player can consistently beat the house, and it was the only game I played. As I continued winning, the pit bosses began watching me more carefully. They get nervous about anyone counting cards, regardless of betting size.

while the firm sailed along cautiously, more aggressive banks—especially Salomon Brothers and Goldman, Sachs—began making more money. This was a serious problem for Morgan Stanley. In investment banking, cash conquers all. A bank's goal was to make money, not to preserve its chastity. If Morgan Stanley could outearn rivals by capitalizing on its stellar reputation, fine. But if less-reputed banks were generating more cash, Morgan Stanley was doing something wrong.

These were heady days at Morgan Stanley. No one seemed to care about how risky many of the hundreds of derivatives deals were. No one seemed to care about whether clients actually understood what they were buying, even when the trades had hidden risks. The group simply continued to pile trade on top of trade. Year by year, client by client, trade by trade, the venerable House of Morgan was building a precarious house of cards.

steeper. In a way, the forward curve simply stretches or magnifies the shape of the current yield curve. And if you don't believe what the forward curve is predicting, then derivatives allow you to bet against the forward curve.