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Risk Quotes

“The Germans are often too bureaucratic, too fixated on rules and not risk-oriented enough. And some of their officials have the feeling that they need to make everything in the cityscape look nice and pretty as quickly as possible. That was particularly apparent in the former East Germany after reunification. Then cities sometimes get a bit too neat and tidy.”

“The controversy over Russian gas deliveries shines a glaring spotlight on the risks involved in this industry. In an energy NATO, EU and NATO member states would guarantee one another assistance in obtaining energy, in any form, but without violence. Of course, we need an additional pipeline system for this purpose.”

“Of all our basic virtues, courage is the one that helps us to live exactly the way we want and provides the psychological fuel we need to create, take risks, help others, and face hard times... Courageous action is humanity at its finest.”

“For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. Stocks offer the best shot at inflation-beating gains. But stocks don't always go up. That's where bonds come into play: They have less upside potential, but they also do not pack the same risk.”

“We need that same mentality in philanthropy, trying things, taking risks, recognizing the first try, maybe the second try, maybe the third try won't work. But if you stay at it and you're learning, you're talking to others, and you're learning together, eventually you'll break through and see the kind of impact you were hoping for.”

“Well we always need brave, capable young men and women who can run a tactical operation and take risks on the battlefield but you should know when we need you to go in there, that if there's any other way to do it, that we could do this without risking your life, we wouldn't ask you to risk your life.”

“We could encourage the best qualities of youthfulness - curiosity, adventure, resilience, the capacity for surprising insight simply by being more flexible about time, texts, and tests, by introducing kids into truly competent adults, and by giving each student what autonomy he or she needs in order to take a risk every now and then. But we don't do that.”

“While testimonies can come as dramatic manifestations, they usually do not. Sometimes people think they need to have an experience like Joseph Smith's vision before they gain testimonies. If we have unrealistic expectations of how, when, or where answers come, we risk missing the answers which come as quiet, reassuring feelings and thoughts that most often come after our prayers, while we are doing something else. These answers can be equally convincing and powerful.”

“With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.”

“My philosophy, one of the biggest enemies of future success is past success, because you become complacent, you become risk averse, and that's one of the things we try to drive here, and this is fundamental to this philosophy, and that's in this component change, and also in value creation. That we need to drive creative destruction, not just incremental innovations, but innovations that will change the whole nature of the business.”

“Exactly who is this God character who is said to be all-powerful yet needs to hire lawyers to take us to court? Isn't he miffed when someone he had always considered to be a true follower turns to the legal system rather than to prayer? Why would the faithful risk making God look ridiculous by losing a trial on Earth when he is certain to win every trial in heaven?”

“I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can perform a very valuable function because they can aggregate these risks and pass them around so that mortgages or other kinds of loans can be packaged and sold to investors all over the world, who in most times, would justify a small amount of each one.”

“The only thing I might have noticed [and this is pretty anecdotal] is that there is some tendency to need to be taught that 'writing is rewriting' - maybe more of a sense than was pervasive 10 years ago that the first or second pass of a story is sufficient. That is an idea that is easily dislodged, but I suspect it might have something to do with the turnaround time re: blogging and so on - this sense that there is some essential truth about a first draft that one runs the risk of "ruining" by coming back to it.”

“In an election like this one [in 2016], not only are voters dissatisfied, but where the foundations of our economy, our democracy, our ecosystem, and international war and peace are really crumbling and are really at grave risk for failing in many ways, we need desperately to have an honest public conversation about both the track record of where we've been, what are the critical problems we are facing and what it will take to solve them.”

“America's got to look after America again. That means taking a realistic appraisal of who is actually at risk in this country, not whining feminists, or whinging Black Lives Matter activists, but gay people and women at risk from Islam. Also, so people in this country who have been treated badly, lied to and lied about. An honest appraisal of who actually needs government attention in this country. And when all of that is done, then we can think about interfering elsewhere again.”

“The Fed needs to adopt new tools, on its own and perhaps in cooperation with the other parts of the US government, to improve the economy from the bottom up. This includes increasing facilities for debt forgiveness for under-water mortgages and excessive student loans; increased credit facilities for small businesses and cooperatives; helping to underwrite mechanisms for creating affordable housing in cities; and more restrictive enforcement of financial regulatory rules to help rein in excessive banker risk and pay.”

“You don't need a marriage license to live with someone, to have the security of a home, to rear any number of children, to have years of companionship; it's not illegal, but the moment you want to screw somebody, you have to get a license from the state to use your genital organs -or run the risk of being charged with any number of crimes carrying sentences up to and including death. So sex is really the only sensible reason for getting married.”