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      "text": "If you want to make a bond, you are to take the risk of tearing.",
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      "text": "\"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.\"",
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      "text": "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.",
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      "text": "Never knew if you had any luck left unless you pushed it.",
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      "text": "\"Sometimes you risk everything for a life worth living, even if you're not the one that'll be alive to see it.\" (p152)",
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      "text": "Never risking anything meant never having or doing or being anything either. Life is risk, it turned out.",
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      "text": "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.",
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      "text": "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.",
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      "text": "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.",
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      "text": "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.",
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      "text": "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...",
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      "text": "There is a degree of odds against which a gambler becomes just another mug.",
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      "text": "“So. Tell me. What do you think? Which is better? To take action and perhaps make a fatal mistake - or to take no action and die slowly anyway?”",
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      "text": "Finally, she mused that human existence is as brief as the life of autumn grass, so what was there to fear from taking chances with your life?",
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      "text": "“There’re all kinds of people in this world. But they break down into two main groups, one big and one smaller. There’s the people who get moved out of the way or into line, and then there’s the people who do the moving. It’s safer and a lot more comfortable to go where you’re pushed. You don’t take any of the responsibility, and if you do what you’re told, every once in a while you get thrown a fish. “Being a mover isn’t safe, because you may be heading for a hole, and it isn’t comfortable because you do a lot of jostling back and forth, and what’s more, it’s up to you to get your own fish. But it’s a hell of a lot of fun.” He looked into Hawks’ eyes. “Isn’t it?”",
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      "text": "I've long believed that good food, good eating, is all about risk. Whether we're talking about unpasteurized Stilton, raw oysters or working for organized crime 'associates,' food, for me, has always been an adventure.",
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      "text": "Conventional wisdom is not to put all of your eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk.",
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      "text": "Take the risk and do whatever you can do and try not to get caught. If you do get caught, do it again.",
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      "text": "Early on a difficult climb, especially a difficult solo climb, you constantly feel the abyss pulling at your back. To resist takes a tremendous conscious effort; you don't dare let your guard down for an instant. The siren song of the void puts you on edge; it makes your movements tentative, clumsy, herky-jerky. But as the climb goes on, you grow accustomed to the exposure, you get used to rubbing shoulders with doom, you come to believe in the reliability of your hands and feet and head. You learn to trust your self-control. By and by your attention becomes so intensely focused that you no longer notice the raw knuckles, the cramping thighs, the strain of maintaining nonstop concentration. A trancelike state settles over your efforts; the climb becomes a clear-eyed dream. Hours slide by like minutes. The accumulated clutter of day-to-day existence — the lapses of conscience, the unpaid bills, the bungled opportunities, the dust under the couch, the inescapable prison of your genes — all of it is temporarily forgotten, crowded from your thoughts by an overpowering clarity of purpose and by the seriousness of the task at hand. At such moments something resembling happiness actually stirs in your chest, but it isn't the sort of emotion you want to lean on very hard. In solo climbing the whole enterprise is held together with little more than chutzpah, not the most reliable adhesive.",
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      "text": "There comes a point when the confused or abused person hears a voice saying in his head, Oh well, might as well be hanged for a sheep as a lamb, and, depending on the particular situation in which he finds him he either spends his last bit of money on a lottery ticket, or places on the gaming table the watch he inherited from his father and silver cigarette case that was a gift from his mother, or bets everything he has on red even though he knows that red has come up five times in a row,",
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      "text": "“And if you don’t bet, how do you expect to win?” Hamnet Thyssen didn’t look at things that way. To him, not betting meant you couldn’t lose. He hadn’t even thought of winning.",
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      "text": "And the rarest dangers are those in which failure brings little loss and success the greatest advantage.",
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      "text": "[S]till hope leads men to venture; and no one ever yet put himself in peril without the inward conviction that he would succeed in his design.",
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      "slug": "she-has-to-take",
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      "text": "\"She has to take a needle and thread and sew herself up\" \".. The only way to find true happiness is to risk being completely cut open\"",
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      "text": "Please know that I am aware of the hazards. I want to do it because I want to do it. Women must try to do things as men have tried. When they fail, their failure must be a challenge to others.",
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      "text": "It’s nice to dream that we will have plenty of time in the future to do our travelling and that, one day, we will. It cheers us up because we know that we are capable of doing more than we do. Dreaming carries no risks. The dangerous thing is trying to transform your dreams into reality.",
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      "text": "Only mediocrity is sure of itself, so take risks, and do what you really want to do.",
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      "text": "How can you go out on a limb if you do not know your own tree? No art ever came out of not risking your neck. And risk--experiment--is a considerable part of the joy of doing. (\"Place in fiction\")",
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      "text": "Do you know what damnation can be, Sir? It can be a state of permanent caution, making one chronically unable to risk anything, even a risk which might save one from extinction.",
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      "text": "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.",
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      "text": "The essence of spirit, he thought to himself, was to choose the thing which did not better one's position but made it more perilous. That was why the world he knew was poor, for it insisted morality and caution were identical.",
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      "text": "When things don't change any longer, that's the end result of entropy, the heat-death of the universe. The more things go on moving, interrelating, conflicting, changing, the less balance there is—and the more life. I'm pro-life, George. Life itself is a huge gamble against the odds, against all odds! You can't try to live safely, there's no such thing as safety. Stick your neck out of your shell, then, and live fully! It's not how you get there, but where you get to that counts. What you're afraid to accept, here, is that we're engaged in a really great experiment, you and I. We're on the brink of discovering and controlling, for the good of all mankind, a whole new force, an entire new field of antientropic energy, of the life-force, of the will to act, to do, to change!",
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      "text": "He had waked her; he had given her what she lacked, and what few men could have given her: the sense of peril, which is the root of love.",
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      "text": "Accidents in the mountains are less common than in the lowlands, and these mountain mansions are decent, delightful, even divine, places to die in, compared with the doleful chambers of civilization. Few places in this world are more dangerous than home. Fear not, therefore, to try the mountain-passes. They will kill care, save you from deadly apathy, set you free, and call forth every faculty into vigorous, enthusiastic action. Even the sick should try these so-called dangerous passes, because for every unfortunate they kill, they cure a thousand.",
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      "text": "There are times when the utmost daring is the height of wisdom.",
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      "text": "In order to know men, something must be chanced. Who risks himself of nothing knows nothing.",
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      "text": "When you go in search of honey you must expect to be stung by bees.",
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      "text": "Social scientists have found that when confronted with either an enormous threat or a huge reward, people tend to focus on the magnitude of the consequence and ignore the probability.",
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      "text": "Stripped to its essentials, every decision in life amounts to choosing which lottery ticket to buy. . . . Most organisms don't buy lottery tickets, but they all choose between gambles every time their bodies can move in more than one way. They should be willing to 'pay' for information---in tissue, energy, and time---if the cost is lower than the expected payoff in food, safety, mating opportunities, and other resources, all ultimately valuated in the expected number of surviving offspring. In multicellular animals the information is gathered and translated into profitable decisions by the nervous system.",
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      "text": "If we had a reliable way to label our toys good and bad, it would be easy to regulate technology wisely. But we can rarely see far enough ahead to know which road leads to damnation. Whoever concerns himself with big technology, either to push it forward or to stop it, is gambling in human lives.",
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      "text": "No sympathy for the devil; keep that in mind. Buy the ticket, take the ride...and if it gets a little heavier than what you had in mind, well...maybe chalk it up to forced consciousness expansion: Tune in, freak out, get beaten. p. 89",
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      "text": "They say that \"he who flies highest, falls farthest\" — and who am I to argue? But we can't forget that \"he who doesn't flap his wings, never flies at all\". And with that, I'll stop trying to convince myself that I can't fail; how dull the whole thing would be if that were true.",
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      "text": "But with the throttle screwed on, there is only the barest margin, and no room at all for mistakes. It has to be done right... and that's when the strange music starts, when you stretch your luck so far that fear becomes exhilaration and vibrates along your arms. You can barely see at a hundred; the tears blow back so fast that they vaporize before they get to your ears. The only sounds are the wind and a dull roar floating back from the mufflers. You watch the white line and try to lean with it... howling through a turn to the right, then to the left, and down the long hill to Pacifica... letting off now, watching for cops, but only until the next dark stretch and another few seconds on the edge... The Edge... There is no honest way to explain it because the only people who really know where it is are the ones who have gone over. The others- the living- are those who pushed their luck as far as they felt they could handle it, and then pulled back, or slowed down, or did whatever they had to when it came time to choose between Now and Later. But the edge is still Out there. Or maybe it's In. The association of motorcycles with LSD is no accident of publicity. They are both a means to an end, to the place of definitions.",
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      "text": "A man is honorable in proportion to the personal risks he takes for his opinion.",
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      "text": "[I]t is about distortions of symmetry and reciprocity in life: If you have the rewards, you must also get some of the risks, not let others pay the price for your mistakes. ...If you give an opinion and someone follows it, you are morally obligated to be, yourself, exposed to its consequences.",
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      "text": "[A] theory is a very dangerous thing to have.",
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      "text": "Many scientists... are... subject to such foolishness... One flagrant example is... global warming... These scientists initially ignored the fact that these [high temperature] spikes, although rare, had the effect of adding disproportionately to the cumulative melting of the ice caps. ...[A]n event, although rare, that brings large consequences cannot be ignored.",
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      "text": "Consider that the turkey's experience may have, rather than no value, a negative value. It learned from observation, as we are all advised to do (hey, after all, this is what is believed to be the scientific method). Its confidence increased as the number of friendly feedings grew, and it felt increasingly safe even though the slaughter was more and more imminent. Consider that the feeling of safety reached its maximum when the risk was at the highest!",
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      "text": "Maximizing the probability of winning does not lead to maximizing the expectation from the game when one's strategy may include , i.e., a small chance of a large loss and a large chance of a small win. If you engaged in a Russian Roulette-type strategy... you are likely to show up as the winner in almost all samples—except in the year when you are dead.",
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      "text": "Don't cross a river if it is four feet deep on average.",
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      "text": "Globalization creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other words it creates devastating Black Swans. We have never lived before under the threat of a global collapse. Financial Institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks — when one fails, they all fall. The increased concentration among banks seems to have the effect of making financial crisis less likely, but when they happen they are more global in scale and hit us very hard. We have moved from a diversified ecology of small banks, with varied lending policies, to a more homogeneous framework of firms that all resemble one another. True, we now have fewer failures, but when they occur... I shiver at the thought.",
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      "text": "Optimism, it is said, is predictive of success. ...It can also be predictive of failure. Optimistic people... take more risks as they are overconfident of the about the odds; those who win show up among the rich and famous, others fail and disappear from the analysis.",
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      "text": "Rank beliefs not according to their plausibility but by the harm they may cause.",
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      "text": "It does not matter how frequently something succeeds if failure is too costly to bear.",
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      "text": "From the standpoint of an institution, the existence of a risk manager has less to do with actual risk reduction than it has to do with the impression of risk reduction.",
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      "text": "Unlike a well-defined, precise game like Russian roulette, where the risks are visible to anyone capable of multiplying and dividing by six, one does not observe the barrel of reality.",
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      "text": "Everything I have written in these lectures underlines the importance to the intellectual of passionate engagement, risk, exposure, commitment to principles, vulnerability in debating and being involved in worldly causes. For example, the difference I drew earlier between a professional and an amateur intellectual rests precisely on this, that the professional claims detachment on the basis of a profession and pretends to objectivity, whereas the amateur is moved neither by reward nor by the fulfillment of an immediate career plan but by a committed engagement with ideas and values in the public sphere.",
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      "text": "“Hasn’t all this taught you anything?” Annette asked Gabriel Baines as they waited for the simulacrum's return and report. “Like what?” “That there is no perfect defense. There is no protection. Being alive means being exposed; it’s the nature of life to be hazardous—it’s the stuff of living.",
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      "text": "Technology, in common with many other activities, tends toward avoidance of risks by investors. Uncertainty is ruled out if possible. Capital investment follows this rule, since people generally prefer the predictable. Few recognize how destructive this can be, how it imposes severe limits on variability and thus makes whole populations fatally vulnerable to the shocking ways our universe can throw the dice.",
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      "text": "The eye that looks ahead to the safe course is closed forever.",
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      "text": "Discovery is dangerous... but so is life. A man unwilling to take risk is doomed never to learn, never to grow, never to live.",
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      "text": "There comes a time in the life of every human when he or she must decide to risk \"his life, his fortune, and his sacred honor\" on an outcome dubious. Those who fail the challenge are merely overgrown children, can never be anything else. Jill Boardman encountered her personal challenge — and accepted it — at 3:47 that afternoon.",
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      "text": "The lapse of time during which a given event has not happened, is, in this logic of habit, constantly alleged as a reason why the event should never happen, even when the lapse of time is precisely the added condition which makes the event imminent. A man will tell you that he has worked in a mine for forty years unhurt by an accident as a reason why he should apprehend no danger, though the roof is beginning to sink . . .",
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      "text": "People always play carelessly in games where there is no danger. A falling kite hurts nobody, but nothing makes the arm so supple as protecting the head, nothing makes the sight so accurate as having to guard the eye. To dash from one end of the room to another, to judge the rebound of a ball before it touches the ground, to return it with strength and accuracy, such games are not so much sports fit for a man, as sports fit to make a man of him.",
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