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Home Page » Categories » Risk management

If you want to go into space the first time on a new vehicle that's never been flown, you want to go with a pro.

Robert Crippen
If you want to go into space the first time on a new vehicle that's never been flown, you want to go with a pro.

Basically, what I do is place a stop, generally 10 to 20 percent below the current price, whenever I buy a stock. The exact level depends on my own analysis of a stock's trading pattern. If a stock...

Martin Zweig
Basically, what I do is place a stop, generally 10 to 20 percent below the current price, whenever I buy a stock. The exact level depends on my own analysis of a stock's trading pattern. If a stock violates this stop, I'm out.

The cloud computing model may be a wonderful system when it works, but it's a nightmare when it fails. And the more people who come to depend upon it, the bigger the nightmare.

Jamais Cascio
The cloud computing model may be a wonderful system when it works, but it's a nightmare when it fails. And the more people who come to depend upon it, the bigger the nightmare.

We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks.

Janet Yellen
We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks.

Most people assume that once security software is installed, they're protected. This isn't the case. It's critical that companies be proactive in thinking about security on a long-term basis.

Kevin Mitnick
Most people assume that once security software is installed, they're protected. This isn't the case. It's critical that companies be proactive in thinking about security on a long-term basis.

I have to be a good game manager for us to be able to win games. I like having a gunslinger mentality, though, because I'm not afraid to make any throw.

Jameis Winston
I have to be a good game manager for us to be able to win games. I like having a gunslinger mentality, though, because I'm not afraid to make any throw.

Danger is ever-present in life, more for some than others.

T.I.
Danger is ever-present in life, more for some than others.

Of course, with the increasing number of aeroplanes one gains increased opportunities for shooting down one's enemies, but at the same time, the possibility of being shot down one's self increases.

Manfred von Richthofen
Of course, with the increasing number of aeroplanes one gains increased opportunities for shooting down one's enemies, but at the same time, the possibility of being shot down one's self increases.

I think fear is what keeps us from going over the edge. I mean, as a race car driver, I don't think what makes a good race car driver is a fearless person. I think it's somebody that is comfortable...

Jeff Gordon
I think fear is what keeps us from going over the edge. I mean, as a race car driver, I don't think what makes a good race car driver is a fearless person. I think it's somebody that is comfortable being behind the wheel of something that's somewhat out of control.

We are wise to be cautious, but I suggest we prepare for the worst and hope for the best.

Orson Scott Card Earth Unaware
We are wise to be cautious, but I suggest we prepare for the worst and hope for the best.

... Physicians tell us of hectic fever, that in its beginning it is easy to cure, but hard to recognize; whereas, after a time, not having been detected and treated at the first, it becomes easy to...

Niccolo Machiavelli The Prince
... Physicians tell us of hectic fever, that in its beginning it is easy to cure, but hard to recognize; whereas, after a time, not having been detected and treated at the first, it becomes easy to recognize but impossible to cure. And so it is with State affairs.

To isolate life from danger is a mission impossible! To take precautions against the dangers, that is the necessary and plausible mission!

Mehmet Murat ildan
To isolate life from danger is a mission impossible! To take precautions against the dangers, that is the necessary and plausible mission!

Fail hard, fail fast and fail often is the only way to get involved with real innovation in this fast changing world. Instead, most companies are trying to prevent failure at all cost, which makes...

Danny Mekić
Fail hard, fail fast and fail often is the only way to get involved with real innovation in this fast changing world. Instead, most companies are trying to prevent failure at all cost, which makes them very unadaptive and the failures very expensive.

There are no safe voyages and no safe ports.

Marty Rubin
There are no safe voyages and no safe ports.

A person needed to experience real danger or they would never find joy in excelling. There had to be a risk of failure, the chance to die.

Brandon Sanderson Perfect State
A person needed to experience real danger or they would never find joy in excelling. There had to be a risk of failure, the chance to die.

We live in a blatantly corrupt world and smart people engage in the wise practice of risk management.

Steven Magee
We live in a blatantly corrupt world and smart people engage in the wise practice of risk management.

Some stuff has to be done even if there is a risk. That's the first important thing I ever found out I didn't find out from my mother

Stephen King
Some stuff has to be done even if there is a risk. That's the first important thing I ever found out I didn't find out from my mother

Never cross a river if it is on average four feet deep

Nassim Nicholas Taleb Antifragile:...
Never cross a river if it is on average four feet deep

Our operation has a mortality rate of 1%. So far we have operated on ninety-nine patients with great success; you are our one hundredth, hence you have a 100% probability of dying on the table.

Nassim Nicholas Taleb Fooled by...
Our operation has a mortality rate of 1%. So far we have operated on ninety-nine patients with great success; you are our one hundredth, hence you have a 100% probability of dying on the table.

In short, the fragilista {medical, economic, social planning} is one who makes you engage in policies and actions, all artificial, in which the benefits are small and visible, and the side effects...

Nassim Nicholas Taleb Antifragile:...
In short, the fragilista {medical, economic, social planning} is one who makes you engage in policies and actions, all artificial, in which the benefits are small and visible, and the side effects potentially severe and invisible.

Not seeing a tsunami or an economic event coming is excusable; building something fragile to them is not.

Nassim Nicholas Taleb Antifragile:...
Not seeing a tsunami or an economic event coming is excusable; building something fragile to them is not.

No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word.

Nassim Nicholas Taleb Fooled by...
No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word.

Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have - or don't have - in their portfolio.

Nassim Nicholas Taleb Antifragile:...
Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have - or don't have - in their portfolio.

The knife is more dangerous than the hand and the knife can be in either hand.

Frank Herbert Dune
The knife is more dangerous than the hand and the knife can be in either hand.
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Today Birthdays

1955 - Max Lucado 1946 - John Piper 1842 - William James 1907 - Abraham Joshua Heschel 1887 - Aldo Leopold 1755 - Alexander Hamilton 1976 - Alethea Kontis 1971 - Mary J. Blige 1825 - Bayard Taylor 1943 - Jim Hightower 1885 - Alice Paul 1923 - Carroll Shelby 1928 - David L. Wolper 1954 - Kailash Satyarthi 1972 - Amanda Peet 1946 - Naomi Judd 1970 - Malcolm D. Lee 1955 - Christian Marclay 1973 - Rahul Dravid 1987 - Jamie Vardy 1942 - Clarence Clemons 1992 - Fatima Sana Shaikh 1948 - Larry Harvey 1930 - Rod Taylor
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