A Quote by George S. Patton

Take calculated risks. That is quite different from being rash. — © George S. Patton
Take calculated risks. That is quite different from being rash.
The thing I preach constantly is do your research; build your knowledge base. Don't just go into business on a whim or a prayer - and don't think 'I'm an entrepreneur so I have to take risks'. Entrepreneurs don't take risks. They take calculated risks; only the good ones.
From my perspective, as an entrepreneur, one is wired to take risks. You, of course, need to be smart and take calculated risks, and then do all you can to make it worth the risk.
Take calculated risks.
You have to take calculated risks in life.
Take calculated risks and limit your downside.
I have developed a rash on my body where the rough cloth rubs on my skin. I wanted to take a bath, thinking that the dirt on my skin made the rash worse, but the bathing tub has been turned upside down and is being used as an extra table in the kitchen and i cannot have it until spring, so I just spread goose grease on my rash. The dogs are following me everywhere.
In order to do anything worthwhile, one must take calculated risks.
Take calculated risks. Act boldly and thoughtfully. Be an agile company.
The trouble is that the risks that are being hedged very well by new financial securities are financial risks. And it appears to me that the real things you want to hedge are real risks, for example, risks in innovation. The fact is that you'd like companies to be able to take bigger chances. Presumably one obstacle to successful R&D, particularly when the costs are large, are the risks involved.
In the media business and as a creative executive, if you don't take risks, you're dead in the water. Calculated risk-taking is essential for success.
There are some risks we choose to take because the benefits from taking them exceed the possible costs. Optimal behavior takes risks that are worthwhile. This is the central paradigm of finance: we must take risks to achieve rewards, but not all risks are equally rewarded.
In the media business and as a creative executive, if you don't take risks, you're dead in the water. Calculated risk taking is essential for success. No one said it was easy.
To put money into anything, anywhere, provided that the downside is measurable and acceptable and the chances of a good profit appear to be better than 50%. I will not take gambles, but it is part of my job description to be ready to take very carefully calculated risks.
You never know who you will meet along life's journey. You have to be open to risks, but calculated risks, open to winning.
We are ready to compromise. We are ready to take calculated risks, but for a peace that will give us security.
I think most astronauts are not risk takers. We take calculated risks for something that we think is worthwhile.
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