A Quote by Michael Burry

One of the risks for anybody in the lending business is that being conservative can harm your competitiveness. — © Michael Burry
One of the risks for anybody in the lending business is that being conservative can harm your competitiveness.
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.
We are the Conservative and Unionist party. No Conservative would do anything to harm the union, and that crucially includes Northern Ireland.
Sixteen games, to me, is a long enough schedule for anybody. We're already concerning ourselves with head injuries and bodily harm to all of the professional athletes. Add to extra games to it, (and) you are just increasing those risks.
I have no business being a journalist. I'm the least, I'm the least - I'm the most trusting, I absolutely make a habit of believing anything that anybody tells me about themselves. I've never had any reason in the world to think that anyone has wanted to harm me, or lie to me. I believe whatever is being sold, most of the time.
You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.
What has happened to protesters in the past was that, basically, the government in 2012 put an end to a series of mass protests by changing laws, by making it possible to arrest anybody for protests, and by making basically a show of imprisoning not just protest leaders, and not specifically protest leaders, but activists, rank-and-file protest participants. That gets across the idea that anybody who joins a protest without being an organizer, without being a visible leader, risks arrest, and not risks just arrest, but years in a Russian jail.
Have confidence in your own voice, be entrepreneurial, and take big risks with the knowledge that, by default of being a woman, people are going to advise you to be conservative, play it safe, make sure everyone likes you, and constantly question whether or not you're ready to be in charge.
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.
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.
There is no harm in anybody thinking that Christ is in bread. The harm is in the expectation of His presence in gunpowder.
Anybody who spends time off of Louisiana's shores can recognize that these oysters are not endangered. To classify them as such risks great harm to not only fishermen who make their living collecting oysters in the Gulf, but also to Louisiana's economy in total.
If your business had no risk, you could go get a bank loan and call it a day. VCs like risks - without them, venture capital wouldn't exist. But they need to be risks that VCs are good at assessing and managing.
If you put on your business hat, you can't maintain competitiveness by staying at a competitive disadvantage. I mean, you just can't. The odds are just not in your favor.
Justice consists in seeing that no harm is done to men. Whenever a man cries inwardly: 'Why am I being hurt?' harm is being done to him. He is often mistaken when he tries to define the harm, and why and by whom it is being inflicted on him. But the cry itself is infallible.
In my own work, I have written about how our public sector bank officials avoid making any new lending decisions - because lending always exposes them to some (infinitesimal) risk of being blamed for the loan going wrong.
there is no harm in being afraid. The only harm is in doing what Fear tells you. Fear is not your master! Laugh in his face and he will run away.
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