A Quote by Robert F. Engle

That is, many times we're not risking our own money, we're risking somebody else's money, or maybe that someone is going to back stop or downside, but we still get the upside.
Essentially, not only do we believe in this myth of 'de-risking', but it has become the one overriding goal; de-risking above growth, de-risking above innovation, de-risking above everything else. And we've reached the point where the Fed is using $70 Billion a month to 'de-risk' a largely insolvent banking system. And this can only end badly. The idea that you can do capitalism without risk is ridiculous on its face.
The two great risks are risking too much but also risking too little. That's for each person to decide. For me, not risking anything is worse than death. By far.
It's about risking everything. Putting your heart on the line, even when you don't know what's going to happen. It's risking having the person you love rip it out and stomp all over it in public.
I can spend somebody else's money on somebody else. And if I spend somebody else's money on somebody else, I'm not concerned about how much it is, and I'm not concerned about what I get. And that's government. And that's close to 40 percent of our national income.
Do you think it's possible to change something in humanity, not risking? If someone tries to change something and is not risking, it probably means he's not changing anything.
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?
Being a warrior doesn’t mean winning or even succeeding. It means risking and failing and risking again, as long as you live.
You risked your life, but what else have you ever risked? Have you risked disapproval? Have you ever risked economic security? Have you ever risked a belief? I see nothing particularly courageous about risking one's life. So you lose it, you go to your hero's heaven and everything is milk and honey 'til the end of time. Right? You get your reward and suffer no earthly consequences. That's not courage. Real courage is risking something that might force you to rethink your thoughts and suffer change and stretch consciousness. Real courage is risking one's clichés.
If you polled the military in Afghanistan as to how many think we should be there or not, the numbers would probably be similar to what the U.S. population believes. That's not because they're watching the news. But, hey, they are out there risking their lives. No one likes to be criticized and it really sucks to be criticized when you're risking your life.
The best way to encourage economic vitality and growth is to let people keep their own money.When you spend your own money, somebody's got to manufacture that which you're spending it on. You see, more money in the private sector circulating makes it more likely that our economy will grow. And, incredibly enough, some want to take away part of those tax cuts. They've been reading the wrong textbook. You don't raise somebody's taxes in the middle of a recession. You trust people with their own money. And, by the way, that money isn't the government's money; it's the people's money.
I don't have a fear factor. Well, not much of one. And I'm willing to risk quite a lot - as a comedian, you're always risking a lot. You're risking failure, especially if you're improvising and going on TV shows trying to make comedy out of thin air. That is quite a risky business.
Sometimes, I seem to be only able to actually move and get going with things on the razor edge of possibly still managing whatever it is I'm supposed to do. I think, secretly, I might even get a buzz out of it. Maybe I crave the adrenalin like some sort of crazy gambler high on risking everything on the turn of a card.
What do you call it when someone steals someone else's money secretly? Theft. What do you call it when someone takes someone else's money openly by force? Robbery. What do you call it when a politician takes someone else's money in taxes and gives it to someone who is more likely to vote for him? Social Justice.
At the end of the day, an entrepreneurial journey is all about de-risking: How can you spend the least amount of time and money to accomplish your goal? The more information you can gather, the more comfortable you'll be investing time and money into a particular offering.
A recent poll showed that nearly half the American public believes that the government should redistribute wealth. That so many people are so willing to blithely put such an enormous and dangerous arbitrary power in the hands of politicians-\-\risking their own freedom, in hopes of getting what someone else has-\-\is a painful sign of how far many citizens and voters fall short of what is needed to preserve a democratic republic
When you get the money, you still need to keep going; you don't stop. There has to be something else. I think it's the freedom to do what you want and to live your dreams.
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