A Quote by Howard Raiffa

Final-offer arbitration should have great appeal for the daring (the risk seekers) who play against the timid (the risk avoiders). — © Howard Raiffa
Final-offer arbitration should have great appeal for the daring (the risk seekers) who play against the timid (the risk avoiders).
To laugh is to risk appearing a fool. To weep is to risk appearing sentimental. To reach out to another is to risk involvement. To expose feelings is to risk exposing your true self. To place your ideas and dreams before a crowd is to risk their loss. To love is to risk not being loved in return. To hope is to risk pain. To try is to risk failure. But risks must be taken, because the greatest hazard in life is to risk nothing.
to love is to risk, not being loved in return. to hope is to risk pain. to try is to risk failure. but risk must be taken because the greatest hazard in my life is to risk nothing.
If you decide to do comedy that involves risk, risk means risk, and you can't complain of flesh wounds if you sit down at the table to play.
There's no safety in love. You risk the whole of life. But the great thing is to risk -to believe, and to risk everything for your belief.
Everything is a risk in Pakistan: If you defend women, it's a risk. If you defend non-Muslims it's a risk. If you discuss religion, it's a risk. But you can't really sit there like a vegetable in your own society. And I'm committed to that society... and I feel I need to turn around and speak as I should.
Using volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return.
If we leave the European Union it's a risk to our economy - it's a risk to pensioners, it's a risk to homeowners, it's a risk to people in work.
I think risk is important. I don't care if it's a great financial risk or a physical risk. You only get out of something what you put into it and the fact that you are willing to risk something means that you are going to get a lot more out of it.
Mastery over the body - its impulses, its needs, its size - is paramount; to lose control is to risk beauty, and to risk beauty is to risk desirability, and to risk desirability is to risk entitlement to sexuality and love and self-esteem.
The risk of working with people you don't respect; the risk of working for a company whose values are incosistent with your own; the risk of compromising what's important; the risk of doing something that fails to express-or even contradicts--who you are. And then there is the most dangerous risk of all--the risk of spending your life not doing what you want on the bet that you can buy yourself the freedom to do it later.
We have the right not to tolerate the intolerant. We should tolerate even them whenever we can do so without running a great risk; but the risk may become so great that we cannot allow ourselves the luxury.
A lot of camps and summer programs for kids seem to have discovered that among the most valuable things they offer is what they don't offer. No Wi-Fi. No grades. No hovering parents or risk managers or parents who parent like risk managers.
When investing, I'm not against risk. If you take no risk you must expect a low return. Just don't let anyone fool you into thinking you can get a high return with low risk.
To laugh is to risk appearing a fool, to weep is to risk appearing too sentimental, to reach out for another is to risk involvement, and to expose feelings is to risk exposing one's true self.
We regard using [a stock's] volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return. Some great businesses have very volatile returns - for example, See's [a candy company owned by Berkshire] usually loses money in two quarters of each year - and some terrible businesses can have steady results.
Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.
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