Alex Trebek Quotes

If I gamble, I go for the lowest-end blackjack or slots. It's because I don't like to lose!

If you are not making any mistakes, you are being excessively risk-averse. Investing involves risk, and that means you will occasionally be wrong. And although it is okay to be wrong, it is not okay to stay wrong.

Of course I gamble, to make the games interesting. But five hundred dollars a game, tops. Or sometimes a thousand. No heart attack bets.

I'm not a gambling-man. I have never bet a dollar in all my life.

I'm not a gambler.

I went broke after sophomore year, gambled away all my money, sold some guns, turned $750 into $10,000, flew to Vegas, turned ten thou into $187,000.

The worst problem I've probably had was the gambling - you can do your money in the bookies a lot quicker than you can do it in the pub.

It's human nature: for most investors, the pain of stocks going down is more tangible than the joy of when they go up. The common impulse is to do something - anything - to minimise the pain.

I'm afraid a lot of people have lost a lot of money over the years betting on me.

The more men have to lose, the less willing are they to venture.

If you gamble long enough, you'll always lose -- the gambler is always ruined.

I won’t bet $100 against house odds between now and the grave.

Loss aversion is a really disproportionate anxiety about stuff that doesn't matter very much. So for instance, if you lose $5, you feel really bad about the $5 you've lost. You're cursing yourself. You're going through it again and again. If, on the other hand, you find $5, you go - hey, great, five bucks. And you've forgotten about it really quickly.

The worst thing that can happen to a man who gambles is to win

Gambling is the only addiction that the government promotes.

When you have less risk, you have more fun. You can take risks. It's much easier to take risks when there's less money on the line.

Well private money can take risks in a way that government money often isn't willing to.

If you're betting all the time, everything is just another bet. You don't even think about the money after you've made the arrangements. You're used to it.

You want banks to take some risk, but intelligent risk.

In any endeavor, you have to understand your tolerance for risk. What's a failure you can afford?

There's no question that women are more risk averse, thoughtful, and deliberative.

The second-worst thing in the world is betting on a golf game and losing. The worst is not betting at all.

When I was very young, coming into the Sunderland side, if we got beaten, I'd be very down. I'd go home, and it would drag on for days, I'd be thinking about the game. I was from Sunderland, felt things like a fan, and got really down.

If you bet big on a daily double, you can hurt yourself.

Entrepreneurs love to view risk as binary. The more you put on the line, the greater the potential for reward.