Quotes About Risk

But the fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright brothers. But they also laughed at Bozo the Clown.

If we have made appropriate preparations, taking into account all possible misfortunes, so that we shall not be lost immediately if they occur, we must boldly advance into the shadows of uncertainty.

There are times when the utmost daring is the height of wisdom.

Out of the whole multitude of prudent men in the world, the great majority are so from timidity.

In the whole range of human activities, war most closely resembles a game of cards.

Chaotic action is preferable to orderly inaction.

A stupid person is the most dangerous type of person.

Nuestro saber es demasiado débil para no aceptar vivir en el misterio. Y precisamente porque el misterio existe, y porque es tan profundo, no podemos confiar en quien declara poseer la llave de este misterio. Aceptar la incertidumbre y la novedad de un pensamiento que busca nuevos caminos conlleva nuevos riesgos.

Children are six times more likely to die in foster homes than if they stayed in an abusive household

The entrepreneurs of new firms as much as the management of the old (whether modernizing or not) are forced to do whatever is necessary to attract the players in the casino and then worry as much – or more – about the perfor- mance of their stock valuations as about their actual profits. Financial capital reigns arrogant and production capital has no alternative but to adapt to the new rules; some agents with glee, others with horror.

When you lead change, sometimes you get arrows in your back. I mean, that's just the way the real world is.

The truth is, I was afraid the day I walked into Stanford. And I was afraid the day I walked out.

To build a great company, which is a CEO's job, sometimes you have to stand up against conventional wisdom.

Whether you deliver or receive the handover report, mindful communication during handovers is essential and can significantly reduce the risk of errors and accidents during your shift and the ones that follow.

I guess I've always been attracted to people who stand out as individuals - people who are adventurous and take chances.

More money has been lost because of four words than at the point of a gun. Those words are 'This time is different.

What is certainly clear is that again and again, countries, banks, individuals, and firms take on excessive debt in good times without enough awareness of the risks that will follow when the inevitable recession hits.

Bubbles are far more dangerous when they are fueled by debt, as in the case of the global housing price explosion of the early 2000s.

In sum, historical experience already shows that rich countries are not as "special" as some cheerleaders had been arguing, both when it comes to managing capital inflows and especially when it comes to banking crises.

Diamond and Dybvig argue that deposit insurance can prevent bank runs, but their model does not incorporate the fact that absent effective regulation, deposit insurance can induce banks to take excessive risk.6

This time may seem different, but all too often a deeper look shows it is not. Encouragingly, history does point to warning signs that policy makers can look at to assess risk—if only they do not become too drunk with their credit bubble–fueled success and say, as their predecessors have for centuries, "This time is different

there is one common theme to the vast range of crises we consider in this book, it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.

Casi no se atrevía a respirar, allí escondida. La verdad es que era una emoción mezclada de miedo. Pero miss Lunatic le había dicho que, frente a las aventuras nuevas, siempre se siente algo de miedo y que no hay más remedio que vencerlo.

It's not about failure it's about trying something and risking something for attaining your goal.