A Quote by Andrew Carnegie

The best time to expand is when no one else dares to take risks — © Andrew Carnegie
The best time to expand is when no one else dares to take risks
If we want TRULY EXTRAORDINARY VISION then you have to continually expand your horizons, take risks. If we don’t push our edge we’ll never expand our view.. It’s not trespassing to go beyond your own boundaries.
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.
If designers are willing to take risks, I think buyers should take risks, as well with press taking risks.
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.
The trick is to take risks and be paid for taking those risks, but to take a diversified basket of risks in a portfolio.
We have all taken risks in the making of war. Isn't it time that we should take risks to secure peace?
I take risks sometimes, and it's not the best choice. I have to take that kind of risk to become one of the best players in the world. If that's what I want to be, I cannot just play simple.
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.
We're just one cog in this giant machine. You show up and look at all the other cogs like, "Wow, everyone is the best at what they do." You're in really good hands. And that frees you up to play and feel safe, and you can take chances, creatively. You can take risks. I want to show up to work and take risks. I don't ever want to play it safe.
When large companies take on risk, then they impose risks on the rest of the system. And these are systemic risks and these systemic risks we never used to think were really that important, but as soon as we recognize how the financial sector - the risks the financial sector takes on can impact the entire global economy, we realize that those risks needed to be controlled for the social good.
I think that's something that investment banks have worried about for a long time and are continuing to worry about, but it's not an easy solution when you have lots of people betting the company's money, how do you really allocate those risks? How do you make sure that the people that take the risks are feeling the risks in an appropriate kind of fashion?
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.
Government does not create wealth. The major role for the government is to create an environment where people take risks to expand the job rate in the United States.
When something is iconic, if you're very careful and delicate, you can add onto that iconography. It can expand. People have attached so much to it themselves, and connected to it, so the risks are big, but the potential is enormous, at the same time.
To be a super-trader, you'll need an edge to overcome the laws of probability and the uncertainty of the marketplace. That edge comes from information flow, the ability to correct your habits in terms of the market's characteristics, and being able to take risks, cut losses, expand your information network, ferret out ideas, and take recommendations.
If you take no risks, you will suffer no defeats. But if you take no risks, you win no victories.
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