A Quote by Richard Thaler
I think one lesson we have to learn is that there's a lot more risk than we're giving credit to, a lot more what economist calls systematic risk.
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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.
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.
A quarterback that goes out and performs for you and is a franchise quarterback is more valuable than a player playing another position, but there's a lot more risk there. It's a more difficult position to play, and there are lot more failures.
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.
There's no risk in doing a lousy meditation or not meditating at all. There's no risk in being convenient and comfortable. There's a lot of risk in the world of enlightenment.
It's also that comedians don't have the kind of narcissism that actors have. They're writers who perform their own material. It's more interesting. And they're sexy because they risk more. Stand-up comedians risk more than anyone.
I think dads let babies take more of a risk, maybe bounce off a bed more or jump off a couch or do more risk-taking things.
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.
After taking risk into account, do more managers than you’d see by chance outperform with persistence? Virtually every economist who studied this question answers with a resounding 'no.'
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.
My experience, with both my parents, is that grief has a lot of down, sad things, but I was also really emotionally raw, in the first year after each of them passed. Flowers smelled more intensely, my relationships were hotter, and I was more willing to risk. I was going for it a lot more. I was 'unsober' and I wasn't playing by my rules.
I wasn't doing it to shock anybody or to be rebellious or to get attention making "Heart-Shaped Glasses" with Marilyn Manson. I was more proud of that than anything because it took a lot of strength and bravery to put myself out there like that. It was a risk. I'm glad that I did it because usually the best things I've done have come from the biggest risks. Thirteen was a risk and that was amazing.
And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom.
In the long run we get no more than we have been willing to risk giving.
Admittedly, there is a risk in any course we follow other than this, but every lesson in history tells us that the greater risk lies in appeasement, and this is the specter our well-meaning liberal friends refuse to face.
Banks and credit agencies learn continuously about the purchases we make. This is convenient and diminishes the risk of theft. It also means that banks can know more about our lifestyle than our close relatives.
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