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Risk Quotes

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Risk Quotes

“If having endured much, we at last asserted our 'right to know' and if, knowing, we have concluded that we are being asked to take senseless and frightening risks, then we should no longer accept the counsel of those who tell us that we must fill our world with poisonous chemicals, we should look around and see what other course is open to us.”

“At the risk of repetition let me say again that my plea is not for immunity to, but for the most unsparing exposure of, the politician who betrays his trust, of the big business man who makes or spends his fortune in illegitimate or corrupt ways. There should be a resolute effort to hunt every such man out of the position he has disgraced. Expose the crime, and hunt down the criminal; but remember that even in the case of crime, if it is attacked in sensational, lurid, and untruthful fashion, the attack may do more damage to the public mind than the crime itself.”

“Many risks fail because they were not taken in time. Too many risks are postponed until unnecessarily elaborate preparations are made. This does not mean that one should say, Damn the torpedoes, full speed ahead! That is foolish and self-destructive. . . . But don't sit back waiting for the perfect moment. It almost never comes.”

“Every historian loves the past or should do. If not, he has mistaken his vocation; but it is a short step from loving the past to regretting that it has ever changed. Conservatism is our greatest trade-risk; and we run psychoanalysts close in the belief that the only "normal" people are those who cause no trouble either to themselves or anybody else.”

“To refer even in passing to unpublished or struggling authors and their problems is to put oneself at some risk, so I will say here and now that any unsolicited manuscripts or typescripts sent to me will be destroyed unread. You must make your way yourself. Why you should be so set on the nearly always disappointing profession is a puzzling question.”

“There is simply too much unnecessary suffering in our world. And we should see that as a national security risk, by the way. Given enough time, desperate people will tend to do desperate things. At a certain point you won't be able to build enough prisons or enough bombs to eradicate the effects of all that violence inside so many hearts.”

“I believe that the free enterprise system is the greatest engine of prosperity the world's ever known. I believe in self-reliance and individual initiative and risk-takers being rewarded. But I also believe that everybody should have a fair shot and everybody should do their fair share and everybody should play by the same rules, because that's how our economy's grown. That's how we built the world's greatest middle class.”

“The developed world should neither shelter nor militarily destabilize authoritarian regimes unless those regimes represent an imminent threat to the national security of other states. Developed states should instead work to create the conditions most favorable for a closed regime's safe passage through the least stable segment of the J curve however and whenever the slide toward instability comes. And developed states should minimize the risk these states pose the rest of the world as their transition toward modernity begins.”

“The government does not need to know more about what we are doing. We need to know more about what the government is doing. We should be thankful for individuals like Edward Snowden and Glenn Greenwald who see injustice being carried out by their own government and speak out, despite the risk. They have done a great service to the American people by exposing the truth about what our government is doing in secret.”

“The Government should take a firm, bold line. This delay - this uncertainty, by which, abroad, we are losing our prestige and our position, while Russia is advancing and will be before Constantinople in no time! Then the Government will be fearfully blamed and the Queen so humiliated that she thinks she would abdicate at once.”

“You should prepare to follow the program for 90 days. Why? Because behavioral research indicates that it takes 90 days to prepare for change, build a new behavior, become confident in the face of high-risk triggers, and move past the likelihood of relapse. Brain research also suggests that it takes a few months of practicing a new behavior to create permanent change.”

“What we've done last night is what I call pushing back the risks..If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself? If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders.”

“Our climate is changing. And while the increase in extreme weather we have experienced in New York City and around the world may or may not be the result of it, the risk that it may be - given the devastation it is wreaking - should be enough to compel all elected leaders to take immediate action.”

“We really have no choice but to pray and encourage a return to an America steeped in Judeo-Christian values. It is either that or taking our chances in a society with no values at all. For all Americans the former carries certain risks, but the latter spells certain doom. For now, we should not be deflected by theological debate from the life-saving tasks awaiting us. There is work to be done. We must ensure that America will continue to be part of God's plan for the world.”

“‎In today's materialistic world there is a risk of people becoming slaves to money, as though they were simply cogs in a huge money-making machine. This does nothing for human dignity, freedom, and genuine well-being. Wealth should serve humanity, and not the other way around.”

“Be willing to take some risks in the areas of work and money. If we do only what we think we should do in order to make money and be secure, we won't listen to the intuitive voice that tells us to try something new, to be more creative, or to move on to the next step on our path. When we listen to our intuition and take some risks, we are not alone. The universe will support us and reward us for taking risks on its behalf!”

“I hope that other women can benefit from my experience. Cancer is still a word that strikes fear into people’s hearts, producing a deep sense of powerlessness. But today it is possible to find out through a blood test whether you are highly susceptible to breast and ovarian cancer, and then take action... It is my hope that they, too, will be able to get gene tested, and that if they have a high risk they, too, will know that they have strong options. Life comes with many challenges. The ones that should not scare us are the ones we can take on and take control of.”

“Markets are efficient, but there are different dimensions of risk and those lead to different dimensions of expected returns. That's what people should be concerned with in their investment decisions and not with whether they can pick stocks, pick winners and losers among the various managers delivering basically the same product.”

“There were so many Cuban-Americans upset that we were going to Cuba and I was curious to see why they were so angry, and anti-Castro. I found out as soon as we got there. The people were treated terrible. The conditions were terrible. I can see why people risk their lives and limbs to get out. (Fidel Castro) lives like a king and won't help anybody, and has everybody scared to death. Nobody lives a normal life. It was still a good experience, but I thought we should just play that one game.”

“No matter what you do next, the world needs your energy, your passion, your impatience for progress. Don't shrink from risk. And tune out those critics and cynics. History rarely yields to one person, but think, and never forget, what happens when it does. That can be you. That should be you. That must be you.”

“Before Alar, there was EDB, a potent human carcinogen allowed in the grain supply and other food for more than a decade after it was known to be dangerous. There was heptachlor, linked to leukemia, and aldicarb, which poisoned thousands of California watermelons, yet is still allowed in potatoes and bananas at levels exposing up to 80,000 children a day to what EPA itself says are unacceptable high risks. Trust the government? Why should we?”

“When I heard that heart disease kills more women than all cancers combined - when I heard that, I knew. The other thing that's very important is that heart disease...is preventable. There are some specific lifestyle changes that women can make: losing weight, not smoking, exercising, eating healthy foods. Knowing the risk factors: high blood pressure, high cholesterol, diabetes, [being] overweight. And if you have heart disease in your family, you should see your doctor. Because this disease is preventable.”

“J.P. Morgan once had a friend who was so worried about his stock holdings that he could not sleep at night. The friend asked, 'What should I do about my stocks?' Morgan replied, 'Sell down to your sleeping point' Every investor must decide the trade-off he or she is willing to make between eating well and sleeping well. High investment rewards can only be achieved at the cost of substantial risk-taking. So what is your sleeping point? Finding the answer to this question is one of the most important investment steps you must take.”

“In a Bloomberg poll, 88% of respondents said that Wall Street bonuses should either be banned outright or taxed at 50%. Just 7% said they should remain an incentive. To put that 7% figure in perspective, 6% of Americans believe the moon landings were a hoax; 7% believe Elvis lives; 24% believe that Barack Obama is a secret Muslim; 41% believe in ESP; and 48% believe in creationism. Americans will believe anything, it seems-except the idea that incentivizing bankers at systemically important institutions to take big risks makes any sense at all.”