Quotes About Risk

En una economía coordinada por los precios, los empleados y los acreedores insisten en que se les pague, independientemente de si los administradores o los propietarios hayan cometido errores. Esto significa que las empresas capitalistas pueden cometer muy pocos errores y durante muy poco tiempo, bajo el riesgo de detener su actividad, o de ser obligadas a ello, ya sea por la incapacidad de conseguir el trabajo y los insumos que necesitan, o por quiebra.

financial transactions that produced both wealth and unpopularity.

Risk-taking is the mother's milk of capitalism. The Wall Street Journal

The great, the unspeakable crime against life is not that we have lived mistakenly or badly, but that we have lived cautiously and half-heartedly, and without belief.

I am more afraid of our own blunders than of the enemy's devices.

But the prize for courage will surely be awarded most justly to those who best know the difference between hardship and pleasure and yet are never tempted to shrink from danger.

hope is by nature an expensive commodity, and those who are risking their all on one cast find out what it means only when they are already ruined;

never planting their land (for they could not tell when an invader might not come and take it all away

Everything is an experiment.

Don't waste your time with fear.. Fear won't keep you safe from being hurt.

While it was considered a risky move, I have always believed that faith and risk are synonymous. If there is no risk you don't need faith. The nature of faith is to put yourself on the line, and I have never taken myself too seriously.

I feel the need to endanger myself every so often.

Here's the thing about failure in innovation: it's a price worth paying. We

In October 1949, less than two years after the trial began, Doll stopped smoking. He was thirty-seven, and had been a smoker his entire adult life. He and Hill had discovered that heavy smoking of cigarettes didn't just double the risk of lung cancer, or triple the risk, or even quadruple the risk. It made you sixteen times more likely to get lung cancer.

the scale of the trouble, the economist John Kay was pointing out the similarities between the crunch

Swiss cheese model' of accidents. Imagine a series of safety

isn't the initial loss that does for him, but the stupid plays he makes in an effort to deny that the loss has happened. The great economic psychologists Daniel Kahneman and Amos Tversky summarised the behaviour in their classic analysis of the psychology of risk:

gamble in a wartime prison camp should serve as an example to the staff of the World Bank today. We'll discover what the disasters at Three Mile Island and Deepwater Horizon have to tell us about preventing another Lehman Brothers crisis. We'll learn from a watchmaker

una póliza de seguros depende de la ignorancia mutua. Una

The presence of danger has a way of making you feel fully awake.

The greater a man's fear, the greater his potential courage

The greater a man's fear, the greater his potential courage.

You have taken many risks. You have been brave beyond your wildest expectations. And now it is time for a final act of courage. I urge you: March proudly into your own dream.

Courage was not always a matter of yes or no. Sometimes it came in degrees, like the cold; sometimes you were very brave up to a point and then beyond that point you were not so brave.