Ian Lustick Quotes

Take calculated risks. That is quite different from being rash.

I think that we have to be constantly asking ourselves, 'How do we calculate the risk?' And sometimes we don't calculate it correctly; we either overstate it or understate it.

Everything in life has some risk, and what you have to actually learn to do is how to navigate it.

Some of the most interesting research that I did was about risk assessment and how ordinary citizens like me handle risk assessment and how irregular our risk assessments are.

I think we need to think beyond the issue of absolute risk.

I think people overestimate the risk of high-risk projects.

There's risk in everything that you do. It's up to you to measure those risks and do what you want to do.

The hardest thing to judge is what level of risk is safe.

If you have something at risk, you think differently.

We live in a world where there are many risks, and it's high time we start taking seriously which ones we should be worried about.

When I take a risk, I like it to be a calculated risk, meaning I make it as small as possible.

People are used to dealing with risk.

When something looks really risky from the outside, what people are doing on the inside - they're not professional risk takers. But they're probably professional risk mitigators.

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.

We're in the business not so much of being contrarians deliberately, but rather we like to take perceived risk instead of actual risk. And what I mean by that is that you get paid for taking a risk that people think is risky, you particularly don't get paid for taking actual risk.

Often you need to take some risk, but it must be a realistic risk, you can't take a crazy risk.

Every business and every product has risks. You can't get around it.

The risks are 'How country can you go?' rather than 'How rock can you take it?'

The definition of 'safe' is not strictly an engineering term; it's a societal term. Does it mean absolutely no loss of life? Does it mean absolutely no contamination with radiation? What exactly does 'safe' mean?

Neither science, nor the politics in power, nor the mass media, nor business, nor the law nor even the military are in a position to define or control risks rationally.

I like to control the risk I take. And when risk is taken out of my hands, it frustrates me.

You have to take risks.

I forced myself to think what is the new concept and it became clear to me that it was risk, not only in technology and ecology, but in life and employment, too.

In business, you try to minimise risk.

People need to learn to live with more risk.