A Quote by Lindsey Vonn
I take risks - that's my life on the slopes and off.
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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.
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.
I don't like taking physical risks at all. I take a lot of emotional risks, and I don't feel like I need to get on a bike or a horse or jump off of anything ever.
Take risks in your life in the pursuit of your dreams, and support the ones you love when they take risks.
Focus on what you want to do. Don't be scared to try stuff. You only live once. Get your mind towards what you want to do and you'll achieve it. It makes it fun. You gotta take risks at times. Risks pay off.
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.
I've taken quite a few risks on the ski slopes. Like if I'm a green-level skier, I'm going on the blacks just because it's hard and a challenge. That's probably not the best idea.
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.
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.
My coach at UConn, Geno Auriemma, taught me to take more risks, because in basketball, if you overthink things, the moment will pass you by. That's good advice for life off the court, too.
I'm not like other females. I'm obviously different because of the path I've taken. I'm just as aggressive as the guys when I get my helmet on. Plus F1 is not just about taking risks, but knowing when to take risks and when to back off. It's also about strategy and managing your tyres.
Rennes wanted me at one point, but in France they have a problem - they don't like taking risks. But if you don't take risks, you don't get anywhere. You pass by the periphery of many things, like life and football.
If you take no risks, you will suffer no defeats. But if you take no risks, you win no victories.
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