Epictetus Quotes

You don't concentrate on risks. You concentrate on results. No risk is too great to prevent the necessary job from getting done.

The best risk to take is to look to score goals and to play a lot.

Indeed, better risk management may be the only truly necessary element of success in banking.

I don't believe in taking unnecessary risks, but a life without risk isn't worth living.

If you don't invest in risk management, it doesn't matter what business you're in, it's a risky business.

Risk is good. Not properly managing your risk is a dangerous leap.

A system, artificially stabilized, and of course you have hidden risks under the surface, and you don't know where the risks are.

Everything involves a risk. No risk, no reward.

I am interested in risk, in art as well as in the realm of politics.

All of life is the management of risk, not its elimination.

I know many members of our community steer clear of Wall Street because of the perception that the stock market is risky, but I am convinced the biggest risk of all is not taking one.

Not taking a risk is a risk. That's how I see it.

As an adventurer...I try to protect against the downside. I make sure I have covered as many eventualities as I can. In the end, you have to take calculated risks; otherwise you're going to sit in mothballs all day and do nothing.

One doesn't accept bad challenges. Part of it is always the risk-taking without seeing that the risks are rational and the rewards are commensurate.. are more than commensurate.. with the risks.

And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control.

The cost of assessing risk is now often greater than the cost of failing.

There is a close logical connection between the concept of a safety margin and the principle of diversification.

I'm a risk manager, but I'm also a risk taker.

By definition, risk-takers often fail. So do morons. In practice it's difficult to sort them out.

There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.

Risk is the price you pay for opportunity.

Risk always looks different when you're beating the system than when you've been beaten.

Essentially, not only do we believe in this myth of 'de-risking', but it has become the one overriding goal; de-risking above growth, de-risking above innovation, de-risking above everything else. And we've reached the point where the Fed is using $70 Billion a month to 'de-risk' a largely insolvent banking system. And this can only end badly. The idea that you can do capitalism without risk is ridiculous on its face.

Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.

It's important to take risks.