A Quote by Blake Lewis
If you don't take risks in life, you'll never see anything new.
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When I was depressed, nobody expected anything of me, nor did I expect anything of myself. I was exempt from life's demands and risks. But if I were to find new life, who knows what daunting tasks I might be required to take on?
And let me say this as a politician I can promise you this, political leaders will never take risks if the people do not push them to take some risks. You must create the change that you want to see.
Companies have to take risks to get new knowledge, in a manner similar to how jazz musicians take risks when they go after a new approach to a tune or a performance.
If you don't take risks in your life, you never feel something new, so I taste something new, and I like that.
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 are parallels between filmmaking and climbing mountains just in terms of the commitment it requires, absolute devotion, and the belief that you are going to make a film and that the film is going to be OK, as well as the risks you have to take. You are never going to climb anything great if you don't take risks.
...the more risks you allow children to take, the better they learn to take care of themselves. If you never let them take any risks, then I believe they become very prone to injury. Boys should be allowed to climb tall trees and walk along the tops of high walls and dive into the sea from high rocks... The same with girls. I like the type of child who takes risks. Better by far than the one who never does so.
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.
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.
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.
If you're afraid to take risks in anything in life, it's just boredom.
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.
Unlucky people are stuck in routines. When they see something new, they want no part of it. Lucky people always want something new. They're prepared to take risks and relaxed enough to see the opportunities in the first place.
I see things differently: you need to take risks in life.
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