A Quote by Larry Hite
If you diversify, control your risk, and go with the trend, it just has to work.
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If you invest and don't diversify, you're literally throwing out money. People don't realize that diversification is beneficial even if it reduces your return. Why? Because it reduces your risk even more. Therefore, if you diversify and then use margin to increase your leverage to a risk level equivalent to that of a nondiversified position, your return will probably be greater.
Diversify, because that helps reduce risk. And you can diversify outside the United States. Some people would never invest in Europe - I think that's a mistake.
Don't ever write just for a trend or fad, because it's a moving target, and by the time you get your work out there, the trend or fad is gone. Dig deep; don't be afraid to write fiercely. Expose your heart.
You control your own destiny. You go out there and work hard and show people that you come to work and earn your respect. All you can control is how you go out there and perform every day.
Portfolio theory, as used by most financial planners, recommends that you diversify with a balance of stocks and bonds and cash that's suitable to your risk tolerance.
If your DNA profile puts you at a higher risk of developing obesity, that doesn't mean it's your fate. You can take control of the environmental side of the equation and reduce your overall lifetime risk by a lot.
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.
You have to be unique in your own ways and the ways that you play to find a way to win. You can't always go with the trend that's going on. Sometimes you have to create the trend yourself and be confident in 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.
And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control.
You have absolute control over just one thing, your thoughts. This divine gift is the sole means by which you may control your destiny. If you fail to control your mind, you will control nothing else.
You have to invest something [in your work]. If you don't risk something that really matters to you - like your integrity, or your pride, or your time, or your security, or your reputation - if you don't risk yourself, you can hear it right away.
It's bad enough that you have to take market risk. Only a fool takes on the additional risk of doing yet more damage by failing to diversify properly with his or her nest egg. Avoid the problem-buy a well-run index fund and own the whole market.
I had always fancied a go at the comedy and when it started to go reasonably well and the opportunity arose for me to move into it full time, I just couldn't turn it down. I just took the risk, and I just wanted to see if it would work and thankfully it did.
And knowing that the only alternative to your grief is the nothingness that’s fast approaching, you try to embrace your own sorrow, to be open and empty and let it all pass through you. This is the key, you have learned – to relinquish control, to relinquish the desire for control. Even in this late drama, to try to control is to go mad. And so you do your best to let it all go.
You can't control whether or not you have talent. You can't control whether or not your work will be recognized or valued. But what you can control is how much work you put your art-both in terms of creating it and in terms of getting it out there-and that is where I try to focus my energy.
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