A Quote by Chey Tae-won
I will take the lead in turning risks into opportunities.
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When I look around, I see a world of unrealized opportunities for improvements, an abundance of talented people able to take the risks necessary to make improvements, but a shortage of people and investors willing to take those risks.
Every day, you'll have opportunities to take chances and to work outside your safety net. Sure, it's a lot easier to stay in your comfort zone.. in my case, business suits and real estate.. but sometimes you have to take risks. When the risks pay off, that's when you reap the biggest rewards.
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 you take no risks, you will suffer no defeats. But if you take no risks, you win no victories.
If designers are willing to take risks, I think buyers should take risks, as well with press taking risks.
And let me say this as a politician I can promise you this, political leaders will never take risks if the people do not push them to take some risks. You must create the change that you want to see.
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.
In the next century, we will be inventing radical new technologies - machine intelligence, perhaps nanotech, great advances in synthetic biology and other things we haven't even thought of yet. And those new powers will unlock wonderful opportunities, but they might also bring with them certain risks. And we have no track record of surviving those risks. So if there are big existential risks, I think they are going to come from our own activities and mostly from our own inventiveness and creativity.
The big businesses are less willing to take risks. I talked to some young people in Hong Kong, and they said they are lost. Young people indeed have fewer opportunities than before. But is it true that there are no more opportunities for them? No!
Your greatest regret at the end of your life will be the lions you didn't chase. You will look back longingly on risks not taken, opportunities not seized, and dreams not pursued. Stop running away from what scares you most and start chasing the God-ordained opportunities that cross your path.
Take Risks in Your Life If you Win, U Can Lead! If You Lose, You can Guide!
I believe the risks I take are justified by the sheer love of the life I lead.
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.
Be flexible be nuanced. It's important to open yourself up to new opportunities and experiences and not be afraid to take risks.
...climate change is accelerating. It threatens our well being, our security, and our economic development. It will lead to uncontrollable risks and dramatic damage if we do not take resolute countermeasures.
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