Quotes about risk

If you want to make a bond, you are to take the risk of tearing.

"There are, of course, risks. In fact, there are three distinct kinds of risk: the known ones which we can and shall prepare against; the known ones which we must trust to luck to avoid; and the entirely unknown."

We’re here to protect people’s freedom. I’m not sure what liberty is if you’re not permitted to decide what chances you’re willing to take.

Never knew if you had any luck left unless you pushed it.

"Sometimes you risk everything for a life worth living, even if you're not the one that'll be alive to see it." (p152)

Never risking anything meant never having or doing or being anything either. Life is risk, it turned out.

Science in the twenty-first century does not encourage scientists to take risks in their pursuit of "the facts"—particularly when those facts call into question long-established notions.

Though it seemed so beautiful, the world around us was eternally dangerous. The price of spiritual freedom, we learnt, was eternal vigilance. Such a high price for so long.

Thing is, I'm not the surrendering type. Anyway I'm looking up and down that track. It was the highway or the wildywoods. That was the decision. Between something that's real and something you hope is real. I was banking everything on this call and maybe I wasn't fully right in the head by then but I went east. Roll the dice, that's me.

Economists have a term for situations in which someone gets rewards but has little or no incentive to avoid risk: a . ...Those who occupy the executive suite and gamble millions of dollars on the lives of others are rarely seen as engaged in morally hazardous conduct. Yet reward without risk is a form of moral hazard that blinds us to the consequences of our acts.

The impulse to increase profits can blind men to risk, especially when those at risk are strangers. Society imposes rules on corporate behavior to protect public safety in the face of baser impulses. These rules require enforcement...

There is a degree of odds against which a gambler becomes just another mug.