A Quote by John McPhee
In making war with nature, there was risk of loss in winning.
Related Quotes
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.
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.
The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of an adverse outcome-is partly inherent in its very nature. A dollar spent on biotechnology research is a riskier investment than a dollar used to purchase utility equipment. The former has both a greater probability of loss and a greater percentage of the investment at stake.
Every day, man is making bigger and better fool-proof things, and every day, nature is making bigger and better fools. So far, I think nature is winning.
after a generation or two of shedding the deliberate political encumbrances to war ... of dropping Congress from the equation altogether, of super-empowering the presidency with total war-making power and with secret new war-making resources that answer to no one but him, of insulating the public from not only the cost of war but sometimes even the knowledge that it's happened - war making has become almost an autonomous function of the American state. It never stops.
Between calculated risk and reckless decision-making lies the dividing line between profit and loss.
Risk is the universe's way of pushing us to become more than what we are. Risk is faith at the edge. Risk is the pulsating nature of life.
By the time they get to 6th grade honor roll students won't risk making a mistake, and sometimes to be successful, you have to risk making mistakes.
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.
For Germany, the war was like an end game in chess in which she possessed one castle less than her adversary. The loss of the war was as certain as the loss of an end game under these conditions.
We've suffered a war, and one thing we know: Whenever our nation's faced war, whether it was in the 1980s when we were winning the Cold War or in the 1940s during World War II, the responsible thing to do has been to borrow money to win the war.
The practice of love offers no place of safety. We risk loss, hurt, pain. We risk being acted upon by forces outside our control.
Don't be afraid in nature: one must be bold, at the risk of having been deceived and making mistakes.
Operational risk is the risk of loss resulting from bank operational failures, such as rogue traders, fraudulent sales practices, and cyber risks. Operational risk capital is money or assets that banks have to hold to shield the economy from the consequences of these kinds of failures.
Mother’s Day really was in its origin an antiwar day, an antiwar statement. Julia Ward Howe was sickened by what had happened during the Civil War, the loss of life, the carnage, and she created Mother’s Day as a call for women all over the world to come together and create ways of protesting war, of making a kind of alternate government that could finally do away with war as an acceptable way of solving conflict.
War is awful. Nothing, not the valor with which it is fought nor the nobility of the cause it serves, can glorify war. War is wretched beyond description and only a fool or a fraud could sentimentalize its cruel reality. Whatever is won in war, it is loss the veteran remembers.
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