Risk Mitigation Quotes

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.

Just take terrorism, for example. We have a team of more than 200 people working on counterterrorism. I mean, that's pretty intense. That's not like what people think about what Facebook is.

One is not exposed to danger who, even when in safety is always on their guard.

The 6 Ps: Proper Planning Prevents Piss-Poor Performance

Listening to medical facts was not enough. People wanted one hundred percent guarantees.

In the Army, we address a crisis by identifying critical objectives, planning a response, marshaling resources and communicating the plan clearly.

A single courageous state can if its citizen’s choose, serve as a laboratory…. One of the happy incidents of the federal system … novel social and economic experiments can be tried without risk to the rest of the country.

To prevent a crippling attack on our nation's critical networks, U.S. companies and the federal government must work together to combat those who wish to do us harm.

We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to use a risk-management approach to identify and avoid the big mistakes. That's one reason I favor a cautious approach.

Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services. What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity.

The Blue and White government, led by me, will assemble the strongest security cabinet against terrorism and restore deterrence.

Airport security exists to guard us against terrorist attacks.

To prepare for a disaster, practice the worst case scenario. We don’t usually do that.

Control was just wishful thinking, and you controlled things to hedge your bets, to be safe, to guard against loss.

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

The trade of insurance gives great security to the fortunes of private people, and by dividing among a great many that loss which would ruin an individual, makes it fall light and easy upon the whole society.

We can never protect 100% of the population against 100% of the vicissitudes of life.

Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your position ought to be, cut it at least in half.

The biggest risk is not taking any risk.

Federal regulations should promote safety without unnecessarily burdening small firms and costing much-needed jobs.

Regulation is necessary, particularly in a sector, like the banking sector, which exposes countries and people to a risk.

People determine the laws. But I do wish they would pass laws that enhance health, not jeopardize it.

Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we.

Actions aimed at supporting deleveraging and balance-sheet repair - such as recognizing losses, writing down assets, and recapitalizing banks - carry longer-term benefits but short-term costs.