Quotes About Risk-seeking

When traders were able to earn a million dollars, of which base pay was $150,000 to $200,000 and the rest was bonus, they would go for it. Now if you're sitting there earning $600,000, you become less risk-seeking. And if you have less risk-seeking, the ability of the market to be incredibly volatile is increased.

Bernoulli's model lacks the idea of a reference point, expected utility theory does not represent the obvious fact that the outcome that is good for Anthony is bad for Betty. His model could explain Anthony's risk aversion, but it cannot explain Betty's risk-seeking preference for the gamble, a behavior that is often observed in entrepreneurs and in generals when all their options are bad.

I want to work with the top people, because only they have the courage and the confidence and the risk-seeking profile that you need.