A Quote by Robert K. G. Temple

My basic rule is if the relative risk isn't at least 3 or 4, forget it. — © Robert K. G. Temple
My basic rule is if the relative risk isn't at least 3 or 4, forget it.
Right at the core, the mainstream has it backwards. Warren Buffett often quips that the first rule of investing is to not lose money, and the second rule is to not forget the first rule. Yet few investors approach the world with such a strict standard of risk avoidance.
Risk is relative. And relative to the imminent planetary 'game over' neon sign that's starting to flicker above our children's heads, just as they are preparing for a full life ahead... now that's what you call risk!
10 Rules for Being Human: Rule #1 - You will receive a body. Rule #2 - You will be presented with lessons. Rule #3 - There are no mistakes, only lessons. Rule #4 - The lesson is repeated until learned. Rule #5 - Learning does not end. Rule #6 - "There" is no better than "here". Rule #7 - Others are only mirrors of you. Rule #8 - What you make of your life is up to you. Rule #9 - Your answers lie inside of you. Rule #10 - You will forget all this at birth.
Warren Buffett likes to say that the first rule of investing is "Don't lose money," and the second rule is, "Never forget the first rule." I too believe that avoiding loss should be the primary goal of every investor. This does not mean that investors should never incur the risk of any loss at all. Rather "don't lose money" means that over several years an investment portfolio should not be exposed to appreciable loss of principal.
No, I think that we've got a basic discrepancy here between the rule of law versus the rule of man.
There's a basic rule which runs through all kinds of music, kind of an unwritten rule. I don't know what it is. But I've got it.
Gandhi?s idea of swadeshi?that local societies should put their own resources and capacities to use to meet their needs as a basic element of freedom?is becoming increasingly relevant. We cannot afford to forget that we need self-rule, especially in this world of globalization.
Risk is not inherent in an investment; it is always relative to the price paid. Uncertainty is not the same as risk. Indeed, when great uncertainty - such as in the fall of 2008 - drives securities prices to especially low levels, they often become less risky investments.
A life lesson for me is, how do you muster the courage to take on a new risk? Whether it's starting up a business or taking on a new project or expedition. I think the risks that we take are all relative to the risk-taker.
Liberals despise the rule of law because it interferes with their ability to rule by mob. They love to portray themselves as the weak taking on the powerful. But it is the least powerful who suffer the most once the rule of law is gone.
But everything is relative, Bertie... You, for instance, are my relative, and I am your relative.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
The first rule is not to lose. The second rule is not to forget the first rule.
Is it wrong to leave relative security in favor of unknown risk at the side of someone you love?
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.
There are rules for hiding in plain sight. The first rule, or at least the one that Sandor repeats most often, is “Don’t be stupid.” I’m about to break that rule by taking off my pants.
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