Take Calculated Risks Quotes

Take calculated risks. That is quite different from being rash.

We must have courage to bet on our ideas, to take the calculated risk, and to act. Everyday living requires courage if life is to be effective and bring happiness.

Often the difference between a successful person and a failure is not one has better abilities or ideas, but the courage that one has to bet on one's ideas, to take a calculated risk - and to act.

My Creed I do not choose to be a common man, It is my right to be uncommon … if I can, I seek opportunity … not security. I do not wish to be a kept citizen. Humbled and dulled by having the State look after me. I want to take the calculated risk; To dream and to build. To fail and to succeed. I refuse to barter incentive for a dole; I prefer the challenges of life To the guaranteed existence; The thrill of fulfillment To the stale calm of Utopia. I will not trade freedom for beneficence Nor my dignity for a handout I will never cower before any master Nor bend to any threat. It is my heritage to stand erect. Proud and unafraid; To think and act for myself, To enjoy the benefit of my creations And to face the world boldly and say: This, with God’s help, I have done All this is what it means To be an Entrepreneur.

Courage is taking calculated risks and facing intimidation in the eye. It is one of the most attractive things a person in power will have. - STRONG: Powerful Philosophies for Timeless Thoughts

You need to be a risk-taker, but you have to also make sure that you are a calculated risk-taker.

The 15 Principles of Life 1. Count your blessings. 2. Read good books. 3. Discover your gifts. 4. Chase your dreams. 5. Learn from everyone. 6. Forgive your enemies. 7. Protect your friends. 8. Love your family. 9. Do good deeds. 10. Harm none. 11. Hone your skills. 12. Work hard. 13. Use time wisely. 14. Take calculated risks. 15. Improve yourself.

Let us suppose that I have wept, on account of some incident of which the other has not even become aware (to weep is part of the normal activity of the amorous body), and that, so this cannot be seen, I put on dark glasses to mask my swollen eyes (a fine example of denial: to darken the sight in order not to be seen). The intention of this gesture is a calculated one: I want to keep the moral advantage of stoicism, of “dignity” (I take myself for Clotilde de Vaux), and at the same time, contradictorily, I want to provoke the tender question (”But what’s the matter with you?”); I want to be both pathetic and admirable, I want to be at the same time a child and an adult. Thereby I gamble, I take a risk: for it is always possible that the other will simply ask no question whatever about these unaccustomed glasses; that the other will see, in the fact, no sign.

Some of the best things are done by those with nowhere to turn, by those who don't have time, by those who truly understand the word helpless. they dispense no thought with the calculation of risk and profit, they take no thought for the future, they're forced to spearpoint into the present tense. Thrown over a precipice, you fall or else you fly; you clutch at any hope, however unlikely; however - if I may use such an overworked word - miraculous. What we mean by that is, Against all odds.

I do not choose to be a common person. It is my right to be uncommon-- if I can. I seek opportunity--not security. I do not wish to be a kept citizen, humbled and dulled by having the State look after me. I want to take the calculated risk--to dream and to build, to fail and to succeed. I refuse to barter incentive for a dole; I prefer the challenges of life to the guaranteed existence, the thrill of fulfillment to the stale calm of Utopia. I will not trade freedom for beneficence nor my dignity for a handout. I will never cower before any master nor bend to any threat. It is my heritage to stand erect, proud and unafraid, to think and to act for myself, to enjoy the benefit of my creations and to face the world boldly and say, This, with God's help, I have done. All this is what it means to be an Entrepreneur!

I do not choose to be a common man…it is my right to be uncommon—if I can…I seek opportunity—not security…I want to take the calculated risk; to dream and to build, to fail and to succeed… to refuse to barter incentive for a dole… I prefer the challenges of life to the guaranteed existence, the thrill of fulfillment to the stale calm of utopias….

The word courage is very interesting. It comes from a Latin root cor, which means “heart.” So to be courageous means to live with the heart. And weaklings, only weaklings, live with the head; afraid, they create a security of logic around themselves. Fearful, they close every window and door—with theology, concepts, words, theories—and inside those closed doors and windows, they hide. The way of the heart is the way of courage. It is to live in insecurity; it is to live in love, and trust; it is to move in the unknown. It is leaving the past and allowing the future to be. Courage is to move on dangerous paths. Life is dangerous, and only cowards can avoid the danger—but then, they are already dead. A person who is alive, really alive, vitally alive, will always move into the unknown. There is danger there, but he will take the risk. The heart is always ready to the the risk, the heart is a gambler. The head is a businessman. The head always calculates—it is cunning. The heart is noncalculating. This

Entrepreneurs who don’t take calculated risks in the marketplace are undeserving of rewards from the marketplace.

And that nice little balcony is yours? How cool it looks up there!” He paused a moment. “Come up and see,” he suggested. “I can give you a cup of tea in no time—and you won’t meet any bores.” Her colour deepened—she still had the art of blushing at the right time—but she took the suggestion as lightly as it was made. “Why not? It’s too tempting—I’ll take the risk,” she declared. “Oh, I’m not dangerous,” he said in the same key. In truth, he had never liked her as well as at that moment. He knew she had accepted without afterthought: he could never be a factor in her calculations, and there was a surprise, a refreshment almost, in the spontaneity of her consent.

There are so many bad people in the world. They'll treat you badly, they'll haggle and undermine your worth. They'll calculate what they can get without thinking about what to give. That's the world. Very seldom, you'll find someone who will not undermine and haggle your worth, who will take risks for you, who will think about what they can give to you and how they can make you happy. So you see, the rule goes like this— when you find such a person, you don't let go of them. You stay with them and they stay with you.

To become a better you, dare to take calculated risks and overcome your limitations. Your scars can make you a star, but you have to decide.

Courage is a blend of discretion and capacity to take calculated risk.

I had discovered long ago the first lesson of political courage: to think anew. I had then learned the second: to be prepared to lead and to decide. I was now studying the third: how to take the calculated risk. I was going to alienate some people, like it or not. The moment you decide, you divide.

Some of the best things are done by those with nowhere to turn, by those who don't have time, by those who truly understand the word helpless. They dispense no thought with the calculation of risk and profit, they take no thought for the future, they're forced to spearpoint into the present tense." - Margaret Atwood (The Blind Assassin)

Every time I took a step outside my comfort zone, I grew spiritually. I discovered God’s plan and stopped operating within the limitations of my own experiences. And I discovered a powerful truth along the way: When we take calculated risks, we discover God-given talents and facets of our personality waiting to be developed.

We base our decisions on emotion instead of logic. We incorrectly assume there’s a direct correlation between our fear level and the risk level. But often, our emotions are just not rational. If we truly understood how to calculate risk, we’d know which risks were worth taking and we’d be a lot less fearful about taking them. WE

Blind risk is stupid, but calculated risks are worth taking.

Don’t be too scared to calculate risks

Everyday take one optimistic calculated risk to find out how far you can go.

The risks were calculated. The risks were justified. No one ever ascended a mountain without risk.

Take calculated risks. That is quite different from being rash. —GENERAL GEORGE S. PATTON, COMMANDER OF THE U.S. THIRD ARMY IN WORLD WAR II

Embrace risk-taking: Challenge yourself to take calculated risks, whether it’s trying a new approach at work or taking on a new hobby that stretches your abilities.

If you want to succeed, take calculated risks and be willing to step outside of your comfort zone.

Take calculated risks with your career. Don’t let fear consume you. And if you’re not having fun, you’re not going to be excellent.

Successful, self-starting individuals seek responsibility. They take calculated risks; they don't make excuses to cover up their inactivity.

There is a certain tyranny about perfection, a certain exhaustion about it even, something that denies the viewer a role in its creation and that asserts itself with all the dogmatism of an unambiguous statement. True beauty cannot be measured because it is fluctuating, it has only a few angles from which it may be seen, and then not in all lights and at all times. It flirts dangerously with ugliness, it takes risks with itself, it does not side comfortably with mathematical rules of proportion, it draws its appeal from precisely those areas that will also lend themselves to ugliness. Nothing can be beautiful that does not take a calculated risk with ugliness.

You will receive your biggest blessings outside of your comfort zone. So get comfortable with constant change, feeling uneasy, and taking many calculated or random risks. Take a leap of faith.

Without mavericks, we are more likely to find ourselves at the same time dominant and irrelevant, as the enemy steals a march on us. Further, calculated risk taking is elemental to staying at the top of our competitive game.

Both trust and gratitude require the courage to take risks because distrust and resentment, in their need to keep their claim on me, keep warning me how dangerous it is to let go of my careful calculations and guarded predictions.

I do not choose to be a common man. It is my right to be uncommon—if I can. I seek opportunity—not security. I do not wish to be a kept citizen, humbled and dulled by having the state look after me. I want to take the calculated risk; to dream and to build, to fail and to succeed. I refuse to barter incentive for a dole. I prefer the challenges of life to the guaranteed existence; the thrill of fulfillment to the stale calm of utopia. I will not trade freedom for beneficence nor my dignity for a handout. I will never cower before any master nor bend to any threat. It is my heritage to stand erect, proud and unafraid; to think and act for myself, enjoy the benefit of my creations, and to face the world boldly and say, this I have done.

risk is everywhere and we all do take risk everyday, knowingly or unknowingly.Ordinary risk produces ordinary men and extraordinary risk equals extraordinary men. The unique line of boundary between the ordinary and the extraordinary is the risk they both take. Great and extraordinary people patiently take a visionary, calculated and an avant-garde risk regardless of the susurrant and cacophonic call of the masses to retreat. They fall, they learn and they move. Without taking a thoughtful risk, we risk our lives unthoughtfully each day

The step between prudence and paranoia is short and steep. Prudence wears a seat belt. Paranoia avoids cars. Prudence washes with soap. Paranoia avoids human contact. Prudence saves for old age. Paranoia hoards even trash. Prudence prepares and plans. Paranoia panics. Prudence calculates the risk and takes the plunge. Paranoia never enters the water.

If you keep taking calculated risks, you will keep getting considerable rewards.

Be the person who fearlessly takes calculated risks, shapes success through daily habits, and embodies the true power of growth.

risk takers calculatedly take and over take risk

Success won’t find you. You have to pursue it. Stepping into the unknown to take carefully calculated risks can help you reach your dreams and fulfill your goals.

Business agility is not just about raw speed. It’s about how good you are at detecting and responding to changes in the market and being able to take larger and more calculated risks.

Some of the best things are done by those with nowhere to turn, by those who don't have time, by those who truly understand the word helpless. They dispense with the calculation of risk and profit, they take no thought for the future, they're forced at spearpoint into the present tense. Thrown over a precipice, you fall or else you fly; you clutch at any hope, however unlikely; however - if I may use such an overworked word - miraculous. What we mean by that is, Against all odds.

Sometimes in life, you have to throw caution to the wind. You have to take a chance on something that may not be a sure thing. This is what we call living. It isn't fair to tread through life calculating the repercussions of every move. Simply existing isn't for me anymore. I am going to take a risk. Take a chance.

He also decided to take more notice of the “de-crypts,” based upon the Enigma code-breaking system, that Churchill, taking a great but calculated risk, began to feed him from 1942. Stalin at first dismissed them as “one of Churchill’s tricks,” but he used them at Stalingrad and found them reliable and of great value.

Both trust and gratitude require the courage to take risks because distrust and resentment, in their need to keep their claim on me, keep warning me how dangerous it is to let go of my careful calculations and guarded predictions. At many points I have to make a leap of faith to let trust and gratitude have a chance. The leap of faith always means loving without expecting to be loved in return, giving without wanting to receive, inviting without hoping to be invited, holding without asking to be held. And every time I make a little leap, I catch a glimpse of the One who runs out to me and invites me into his joy, the joy in which I can find not only myself, but also my brothers and sisters.

It’s a calculated risk, you see. You’re either laughing all over your face or you’re in deep, deep shit. Whether to take the risk or not. If you take the gamble, you may fall off the twig frozen stiff one night and not thaw out till spring. Bottle it and you might not have anywhere to nest when you return. These are, as it were, the eternal dilemmas you’re confronted with.

Some of the best things are done by those with nowhere to turn, by those who don’t have time, by those who truly understand the word helpless. They dispense with the calculation of risk and profit, they take no thought for the future, they’re forced at spearpoint into the present tense. Thrown over a precipice, you fall or else you fly; you clutch at any hope, however unlikely; however – if I may use such an overworked word – miraculous. What we mean by that is, Against all odds.

Traits of Companies That Attract Intrapreneurs 1. Their executives are comfortable taking calculated risks and encouraging creativity. 2. Their compensation plan incentivizes innovation and outstanding performers. 3. Their executives play offense (improve) instead of just playing defense (cover their asses). 4. Their executives elevate potential stars rather than hold them back. 5. Their executives actively seek out ideas from all layers of the organization. 6. Their executives actively look for young talent to keep the company vibrant and innovative.

This angered him so badly, that he turned against everything he cared about: learning, foster parents, and hopes to make it into college; he dropped out of school. He ran away from the foster family that was caring for him at the time and eventually found Adrian, and then we somehow found each other and we happily formed our little group of outcasts. James is 18; he is smarter than Nathan, but not as technologically inclined as him. James looks out for me. He keeps accounts in order, pays receipts, and calculates risks-benefits for different jobs we decide to take. He’s like the vice-president of our “little robbers’ band”, while Adrian is the president. James and Adrian argue quite often about all sorts of things - James is very critical of Adrian and Adrian can’t stand to be contradicted;

Triglyceride-to-HDL Ratio After assessing each of these five biomarkers, there is one more step: calculate your triglyceride-to-HDL ratio to better understand insulin sensitivity. Simply divide your triglycerides by your HDL. Interestingly, studies have shown that this value correlates well with underlying insulin resistance. So even if you are unable to access a fasting insulin test, the triglyceride-to-HDL ratio can give you a general sense of where you’re at. According to Dr. Mark Hyman, “the triglyceride-to-HDL ratio is the best way to check for insulin resistance other than the insulin response test. According to a paper published in Circulation, the most powerful test to predict your risk of a heart attack is the ratio of your triglycerides to HDL. If the ratio is high, your risk for a heart attack increases sixteen-fold—or 1,600 percent! This is because triglycerides go up and HDL (or ‘good cholesterol’) goes down with diabesity.” Dr. Robert Lustig agrees: “The triglyceride-to-HDL ratio is the best biomarker of cardiovascular disease and the best surrogate marker of insulin resistance and metabolic syndrome.” In children, higher triglyceride-to-HDL is significantly correlated with mean insulin, waist circumferences, and insulin resistance. In adults, the ratio has shown a positive association with insulin resistance across normal weight and overweight people and significantly tracks with insulin levels, insulin sensitivity, and prediabetes. Perplexingly, the triglyceride-to-HDL ratio is not a metric used in standard clinical practice. If you remember one thing from this chapter, remember this: you need to know your insulin sensitivity. It can give you lifesaving clues about early dysfunction and Bad Energy brewing in your body, and is best assessed by a fasting insulin test, discussed below. Right now, this is not a standard test offered to you at your annual physical. I implore you to find a way to get a fasting insulin test or to calculate your triglyceride-to-HDL ratio every year. Do this for your children, as well. And take the steps outlined in the following chapters to ensure it does not start creeping up. RANGES: Range considered “normal” by standard criteria: none specified in standard criteria Optimal range: Anything above a ratio of 3 is strongly suggestive of insulin resistance. You want to shoot for less than 1.5, although lower is better. I recommend aiming for less than 1.

I turned to Kitty Sue and surprised myself by answering honestly, "I'm fine. Lee's fine. Lee's more fine than me. I'm having troubles adjusting. Lee seems pretty sure of himself. Lee seems pretty sure of everything." This, I realized, was true about Lee always. I'd never met someone as confident in my life. Well, maybe Hank, but Hank's confidence was quiet and assured. And there was Lee's best friend, Eddie, of course. But Eddie was like Lee's twin, separated at birth, cut from the same cloth. Lee's confidence, and Eddie's, wasn't like Hank's. It was cocky and assertive. "And you aren't sure?" Kitty Sue asked. I looked at her and thought maybe I should have lied. It was too late now. "Nope. He scares me," I admitted. She nodded. "Yep, he's pretty dang scary." I stared. My God, the woman was talking about her son. "You agree?" She looked at Lee then back at me. "Honey, that boy drives me to distraction. It's like he's not of my loins. I don't even know where he came from. If Ally hadn't been the exact replica of Lee, personality-wise, except female I would have wondered if there was a mix up at the hospital." I kept staring. Kitty Sue kept talking. "Hank's just like his Dad. Smart, cautious, controlled, taking only calculated risks. I'm sure Lee calculates his risks, but I think he allows for a much larger margin for error and counts on ... I don't know what he counts on to get him out of whatever scrapes he gets into." I couldn't stop staring. She kept talking, and everything that came out of her mouth was like a verbal car accident. If she was trying to convince me to stick with her son, she should have tried a different tact. "He does ... you know?" Kitty Sue said. I realized she was asking me a question, so I shook my head that no, I didn't know. She explained, "He gets out of every scrape. Always did and always did it on his own. Though it'll take some kind of woman to live a life like that, knowing what he's like, knowing the risks he takes." Her hand went to my knee and she squeezed it before she went on. "Not anyone here would think less of you if you aren't that woman. I'm telling you because it's true. We all love you both and we'll always love you both, no matter what happens between you." She stopped, sighed and continued, "Anyway, I don't even know if that kind of woman exists. I'm his mother. I've lived with him surviving scrapes that would make your hair stand on end and I worry about him every day. He scares the hell out of me.

Unfortunately, in most classrooms teachers penalize students for mistakes they make during the learning process, for assignments that prepare them for the test. Students lose points for errors (and for answers they don’t complete) on homework, classwork, and on any task that the teacher designs to help students learn content. Those scores are entered into the gradebook and included in the overall calculation of a student’s grade. With this grading approach, student mistakes are penalized during the very stage of learning when students should be making mistakes. If mistakes on any work—homework assignments, tests, quizzes, in-class worksheets, discussions—are always penalized with a score that is incorporated into a grade no matter whether those mistakes occur at the beginning, middle, or end of learning, then the message is that mistakes aren’t ever acceptable, much less desired, and they certainly aren’t ever valuable. Students will be discouraged, not encouraged, to take risks and be vulnerable.

Don’t be one of those so-called leaders who take the Black vote for granted,” a supporter told me. I was sensitive to the criticism, for it wasn’t entirely wrong. A lot of Democratic politicians did take Black voters for granted—at least since 1968, when Richard Nixon had determined that a politics of white racial resentment was the surest path to Republican victory, and thereby left Black voters with nowhere else to go. It was not only white Democrats who made this calculation. There wasn’t a Black elected official who relied on white votes to stay in office who wasn’t aware of what Axe, Plouffe, and Gibbs were at least implicitly warning against—that too much focus on civil rights, police misconduct, or other issues considered specific to Black people risked triggering suspicion, if not a backlash, from the broader electorate. You might decide to speak up anyway, as a matter of conscience, but you understood there’d be a price—that Blacks could practice the standard special-interest politics of farmers, gun enthusiasts, or other ethnic groups only at their own peril.

I promise that he following sentences are not a joke. I especially want to say this to artists: I'm improbably successful in the comedy world. You don't know the full scope of it, but it's almost unimaginable. I'm not telling you to brag. I'm saying it because I'm really not special. I wasn't chosen, and I didn't have a team of tastemakers behind me making my dreams happen. I made them happen, and you can make yours happen too. I mean it. If you're a comedian, writer, actor, painter, director, dancer, or any other type of artist, you can make your dreams happen. You can have the career and the life that you dream of. The only thing I did was believe I could do it, and I took action. You must do the same. You have to know you are meant to do your craft and you have to act. You have to write, dance, paint, get onstage, express yourself however you feel compelled to, and you have to take a chance on yourself. I recorded my own album, submitted for what was available, and started my own podcase. I'm not special, but I didn't wait for something to happen. I took calculated risks, and you can and should do the same. Make the life you want happen for yourself because you really can.

If, thus, a strong meaning orientation plays a decisive role in the prevention of suicide, what about intervention in cases in which there is a suicide risk? As a young doctor I spent four years in Austria's largest state hospital where I was in charge of the pavilion in which severely depressed patients were accommodated - most of them having been admitted after a suicide attempt. I once calculated that I must have explored twelve thousand patients during those four years. What accumulated was quite a store of experience from which I still draw whenever I am confronted with someone who is prone to suicide. I explain to such a person that patients have repeatedly told me how happy they were that the suicide attempt had not been successful; weeks, months, years later, they told me, it turned out that there was a solution to their problem, an answer to their question, a meaning to their life. "Even if things only take such a good turn in one of a thousand cases," my explanation continues, "who can guarantee that in your case it will not happen one day, sooner or later? But in the first place, you have to live to see the day on which it may happen, so you have to survive in order to see that day dawn, and from now on the responsibility for survival does not leave you.

If we’re not careful, the automation of mental labor, by changing the nature and focus of intellectual endeavor, may end up eroding one of the foundations of culture itself: our desire to understand the world. Predictive algorithms may be supernaturally skilled at discovering correlations, but they’re indifferent to the underlying causes of traits and phenomena. Yet it’s the deciphering of causation—the meticulous untangling of how and why things work the way they do—that extends the reach of human understanding and ultimately gives meaning to our search for knowledge. If we come to see automated calculations of probability as sufficient for our professional and social purposes, we risk losing or at least weakening our desire and motivation to seek explanations, to venture down the circuitous paths that lead toward wisdom and wonder. Why bother, if a computer can spit out “the answer” in a millisecond or two? In his 1947 essay “Rationalism in Politics,” the British philosopher Michael Oakeshott provided a vivid description of the modern rationalist: “His mind has no atmosphere, no changes of season and temperature; his intellectual processes, so far as possible, are insulated from all external influence and go on in the void.” The rationalist has no concern for culture or history; he neither cultivates nor displays a personal perspective. His thinking is notable only for “the rapidity with which he reduces the tangle and variety of experience” into “a formula.”54 Oakeshott’s words also provide us with a perfect description of computer intelligence: eminently practical and productive and entirely lacking in curiosity,

[on interest from loans] Now that I have loaned you them (100 gulden), you cause me a double loss due to my not being able to pay on the one hand nor buy on the other, so that I have to lose on both sides, and this is called duplex interesse, damni emergentis et lucri cessantis.... on hearing that John sustained losses on his loan of 100 gulden and demands just damages, they rush in and charge double on every 100 gulden, such double reimbursement, namely, for the loss due to non-payment and to inability to make a profit on a bargain, just as though these 100 gulden had the double loss grown on to them, so that whenever they have 100 gulden, they loan them out and charge for two losses, which they have not at all sustained... Therefore you are a usurer, who takes damages out of his neighbour's money for an imaginary loss that you did not sustain at all, and which you can neither prove nor calculate. This sort of loss is called by the jurists non verum, sed phantasticum interesse. It is a loss which each conjures up for himself... It will not do to say, therefore, that there could have been losses because I could not have been able to pay or buy. Else it would mean ex contingente necessarium, which is making something out of a thing that is not, and a thing that is uncertain into a thing that is absolutely sure. Would not such usury devour the world in a few years? ... If an unhappy accident befalls him against his will, and he must recover from it, he may demand damages for it, but it is different in trade and just the reverse. There they scheme to profit at the expense of their needy neighbours, how to amass wealth and get rich, to be lazy and idle and live in luxury on the labour of others, without any care, danger, and loss. To sit by the stove and let my 100 gulden gather wealth for me in the country and yet keep them in my pocket, because they are only loaned, without any danger or risk; my friend, who would not like that?

The best advice came from the legendary actor the late Sir John Mills, who I sat next to backstage at a lecture we were doing together. He told me he considered the key to public speaking to be this: “Be sincere, be brief, be seated.” Inspired words. And it changed the way I spoke publicly from then on. Keep it short. Keep it from the heart. Men tend to think that they have to be funny, witty, or incisive onstage. You don’t. You just have to be honest. If you can be intimate and give the inside story--emotions, doubts, struggles, fears, the lot--then people will respond. I went on to give thanks all around the world to some of the biggest corporations in business--and I always tried to live by that. Make it personal, and people will stand beside you. As I started to do bigger and bigger events for companies, I wrongly assumed that I should, in turn, start to look much smarter and speak more “corporately.” I was dead wrong--and I learned that fast. When we pretend, people get bored. But stay yourself, talk intimately, and keep the message simple, and it doesn’t matter what the hell you wear. It does, though, take courage, in front of five thousand people, to open yourself up and say you really struggle with self-doubt. Especially when you are meant to be there as a motivational speaker. But if you keep it real, then you give people something real to take away. “If he can, then so can I” is always going to be a powerful message. For kids, for businessmen--and for aspiring adventurers. I really am pretty average. I promise you. Ask Shara…ask Hugo. I am ordinary, but I am determined. I did, though--as the corporation started to pay me more--begin to doubt whether I was really worth the money. It all seemed kind of weird to me. I mean, was my talk a hundred times better now than the one I gave in the Drakensberg Mountains? No. But on the other hand, if you can help people feel stronger and more capable because of what you tell them, then it becomes worthwhile for companies in ways that are impossible to quantify. If that wasn’t true, then I wouldn’t get asked to speak so often, still to this day. And the story of Everest--a mountain, like life, and like business--is always going to work as a metaphor. You have got to work together, work hard, and go the extra mile. Look after each other, be ambitious, and take calculated, well-timed risks. Give your heart to the goal, and it will repay you. Now, are we talking business or climbing? That’s what I mean.

Marcus released the countess as if he had been burned. His first reaction was a piercing relief that Lillian was still alive. However, the relief was followed immediately by the awareness that she was far from safe. In light of St. Vincent’s need of a fortune, it made perfect sense for him to abduct Lillian. Marcus turned from his mother, never wanting to look at her again, unable to bring himself to speak to her. His gaze locked with Simon Hunt’s. Predictably, Hunt was already making rapid calculations. “He’ll take her to Gretna Green, of course,” Hunt murmured, “and they’ll have to travel east to the main road in Hertfordshire. He won’t risk traveling the back ways and getting mired in mud, or having the wheels damaged from broken road. From Hertfordshire it will be approximately forty-five hours to Scotland… and at a speed of ten miles per hour, with occasional stops for fresh relay horses…” “You’ll never overtake them,” the countess cried with a cackling laugh. “I told you I would have my way, Westcliff!” “Oh, shut up, you evil hag!” cried Daisy Bowman impatiently from the doorway, her eyes huge in her pale face. “Lord Westcliff, shall I run to the stables and tell them to saddle a horse?” “Two horses,” Simon Hunt said resolutely. “I’m going with him.” “Which ones—” “Ebony and Yasmin,” Marcus replied. They were his best Arabians, bred for speed over long distance. They were not as lightning-fast as thoroughbreds, but they would endure a punishing pace for hours, traveling at least three times as fast as St. Vincent’s coach. Daisy disappeared in a flash, and Marcus turned to his sister. “See that the countess is gone by the time I return,” he said curtly. “Pack whatever she needs, and get her off the estate.” “Where do you wish me to send her?” Livia asked, pale but composed. “I don’t give a damn, so long as she knows not to return.” Realizing that she was being banished, and most likely exiled, the countess rose from her chair. “I will not be disposed of in this manner! I won’t have it, my lord!” “And tell the countess,” Marcus said to Livia, “that if the slightest harm comes to Miss Bowman, she had better pray that I never find her.” Marcus strode from the room, shoving through a small crowd that had gathered in the hallway. Simon Hunt followed, pausing only to murmur briefly to Annabelle and press a kiss to her forehead. She stared after him with an anxious frown, biting her lip to keep from calling after him. After a lengthy pause, the countess was heard to mutter, “It matters not what becomes of me. I am content in the knowledge that I have prevented him from befouling the family lineage.” Livia turned to give her mother a half-pitying, half-contemptuous glance. “Marcus never fails,” she said softly. “Most of his childhood was spent learning to overcome impossible odds. And now that Marcus has finally found someone worth fighting for… do you really think he would let anything stop him?

Few things faze me. My reflex is to plot the next move, take calculated risks, set a target, and reach it- even if it means exercising tremendous patience and attempting countless alternative routes to my goal.

A healthier and far more nuanced way to address the risk of heartworm is to calculate the first date that the local temperature consistently stays above 57 degrees and when it once again dips below that. For the mid-Atlantic states and New England, this would mean giving your dog its first monthly heartworm treatment around June and the last one in November—six months of taking a toxic chemical instead of twelve.

We are highly demanding. We want a company to be run by an honest management team, and show solid operating and financial track records over many years. It needs to stay ahead of the competition and be debt free, and we also want it to keep taking calculated risks while not unduly burdening the business. And, as if all these demands were not enough, we dare to insist on a fair price for these rare gems! How is this even possible? The market should almost never offer us an attractive price for such a business, and it doesn’t.

lot of advice comes from fear, people wishing you to stay with the herd and do the normal thing taking a calculated risk is not recklessness; it is fearlessness

TAKING CALCULATED RISKS MAKES YOU STRONGER

You put in all that work to grow a second skeleton and then someone just takes it without so much as a “by your leave.

Amazon Leadership Principle—Bias for Action: Speed matters in business. Many decisions and actions are reversible and do not need extensive study. We value calculated risk-taking.

Pakistan’s generals would always prefer to take a calculated risk and be defeated than to do nothing at all.

When you’re behaving at the direction of an old belief, you’re much less likely to take risks, even calculated ones. Your fear is firmly planted in this outdated way of thinking because it’s so familiar. It’s been validated for years, after all! Staying in your comfort zone may be comfortable, but that’s where your old life lives. To make the changes you’ve been hungry for, you need to step outside of it.

The truth is, most of us don’t really invest much time calculating which risks to take and which risks to avoid. Instead, we base our decisions on emotions or habit. If it sounds too scary, we avoid the risk. If we’re excited about the possible benefits, we’re more likely to overlook the risk.

I was amazed at how expensive economists thought doctors were. They instituted many economic maneuvers—de-skilling medicine onto nurses and physician assistants; computerizing medical decision-making; substituting algorithms for thinking—because they assumed that doctors were such expensive commodities. And yet doctors were not expensive, at least, not the doctors I knew. We cost no more than the nurses, the middle managers, and the information technicians, alas. Adding up all the time I spent with Mrs. Muller, the cost of her accurate diagnosis was about the same as one MRI scan, wholesale. Economists did the same thing with the other remedies of premodern medicine—good food, quiet surroundings, and the little things—treating them as expensive luxuries and cutting them out of their calculations. At Laguna Honda, for instance, while most patients were on fifteen or even twenty daily medications, many of which they didn’t need, the budget for a patient’s daily meals had been pared down to seven dollars, which could supply only the basics. I began to wonder: Had economists ever applied their standard of evidence-based medicine to their own economic assumptions? Under what conditions, with which patients and which diseases was it cost-effective to trade good food, clean surroundings, and doctor time for medications, tests, and procedures? Especially ones that patients didn’t need? Although Mrs. Muller was an impressive example of Laguna Honda’s Slow Medicine, she wasn’t the only one. Almost every patient I admitted had incorrect or outmoded diagnoses and was taking medications for them, too. Medications that required regular blood tests; caused side effects that necessitated still more medications; and put the patient at risk for adverse reactions. Typically my patients came in taking fifteen to twenty-five medications, of which they ended up needing, usually, only six or seven. And medications, even the cheapest, were expensive. Adding in the cost of side effects, lab tests, adverse reactions, and the time pharmacists, doctors, and nurses needed to prepare, order, and administer them, each medication cost something like six or seven dollars a day. So Laguna Honda’s Slow Medicine, to the extent that it led to discontinuing ten or twelve unnecessary medications, was more efficient than efficient health care by at least seventy dollars per day. I

Lead by example; listen aggressively; communicate purpose and meaning; create a climate of trust; look for results, not salutes; take calculated risks; go beyond standard procedure; build up your people; generate unity; and improve your people’s quality of life.

Be very good at self-validation, and get ready to venture outside your comfort zone. Be willing to take calculated risks and stay open-minded to cutting-edge concepts. Embrace the power of hope, wisdom and growth.

Be very good at self-validation, and get ready to venture outside your comfort zone. Be willing to take calculated risks and stay open-minded to cutting-edge concepts. Embrace the power of wisdom and growth.

THEY DON’T FEAR TAKING CALCULATED RISKS Don’t be too timid and squeamish about your actions. All life is an experiment. The more experiments you make the better. —RALPH WALDO EMERSON

The aim of the “professional gambler,” as he is called, is to make money. He can be recognized by deliberate and extremely disciplined wagering. His wagering is systematic and usually limited to infrequent but highly favorable opportunities. The behavior of the professional gambler is highly controlled and usually the result of a studied approach to his chosen game. He concentrates on games where the element of skill is sufficient to produce the possibility of a player advantage, such as blackjack and parimutuel betting. The professional gambler is similar to the stock arbitrageur in that they both take calculated risks. They are dealing with an uncertain outcome and seek to profit from their ability to anticipate the future or to see the future—in other words, to speculate. Professional gamblers are actually speculators because of the characteristics they exhibit when risking money. They are not seeking entertainment at the tables like gamblers do, and they are not trying to be right. They are trying to make money.

You must learn to take risks in a calculated way. The worst sin is not to be able to understand the risks you face, either because you are so risk-averse that you say “No” to everything or because you have no risk filter whatsoever.

You must learn to take risks in a calculated way. The worst sin is not to be able to understand the risks you face, either because you are so risk-averse that you say “No” to everything or because you have no risk filter whatsoever.

Perhaps the least affected was the wiry and rambunctious Martin. Aged twenty-four, he had already decided that he was going to die, if not on this raid then on some other. Before the war was over anyway. During his first few ‘ops’ he had often had sleepless nights or dreamed of burning aircraft. He saw all his friends on his squadron get ‘the chop’ one after the other till they were all gone and knew it would only be a question of time before he would probably join them. So finally he had accepted the fact that in a fairly short time, barring miracles, he was going to die, not pleasantly. That was his strength and largely why he was so boisterous. Having accepted that, the next step was automatic: to fill every day with as many of the fruits of life as possible. He did so with vigour. It was a corollary, more than a paradox, that he was not suicidal in the air but audacious in a calculating way, measuring every risk and if it were worth while, taking it, spinning it out as long as he could, but making every bomb tell. He did not believe in miracles

It is important to take calculated risks.

Be very good at self-validation, and be ready to venture outside your comfort zone. Be willing to take calculated risks and maintain an open mind to the cutting-edge philosophies of God. Embrace the power of hope, wisdom and growth.

Life Formulas I (2008) These are notes to myself. Your frame of reference, and therefore your calculations, may vary. These are not definitions—these are algorithms for success. Contributions are welcome. Happiness = Health + Wealth + Good Relationships Health = Exercise + Diet + Sleep Exercise = High Intensity Resistance Training + Sports + Rest Diet = Natural Foods + Intermittent Fasting + Plants Sleep = No alarms + 8–9 hours + Circadian rhythms Wealth = Income + Wealth * (Return on Investment) Income = Accountability + Leverage + Specific Knowledge Accountability = Personal Branding + Personal Platform + Taking Risk? Leverage = Capital + People + Intellectual Property Specific Knowledge = Knowing how to do something society cannot yet easily train other people to do Return on Investment = “Buy-and-Hold” + Valuation + Margin of Safety [72] Naval’s Rules (2016) Be present above all else. Desire is suffering. (Buddha) Anger is a hot coal you hold in your hand while waiting to throw it at someone else. (Buddha) If you can’t see yourself working with someone for life, don’t work with them for a day. Reading (learning) is the ultimate meta-skill and can be traded for anything else. All the real benefits in life come from compound interest. Earn with your mind, not your time. 99 percent of all effort is wasted. Total honesty at all times. It’s almost always possible to be honest and positive. Praise specifically, criticize generally. (Warren Buffett) Truth is that which has predictive power. Watch every thought. (Ask “Why am I having this thought?”) All greatness comes from suffering. Love is given, not received. Enlightenment is the space between your thoughts. (Eckhart Tolle) Mathematics is the language of nature.

The same is true in social relationships. Commitment in a relationship takes time. Why does commitment take time? Because commitment is the first stage in a relationship in which a person has to take a calculated risk. Commitment is when they put skin in the game.

LIFE FORMULAS I (2008) These are notes to myself. Your frame of reference, and therefore your calculations, may vary. These are not definitions—these are algorithms for success. Contributions are welcome. → Happiness = Health + Wealth + Good Relationships → Health = Exercise + Diet + Sleep → Exercise = High Intensity Resistance Training + Sports + Rest → Diet = Natural Foods + Intermittent Fasting + Plants → Sleep = No alarms + 8–9 hours + Circadian rhythms → Wealth = Income + Wealth * (Return on Investment) → Income = Accountability + Leverage + Specific Knowledge → Accountability = Personal Branding + Personal Platform + Taking Risk? → Leverage = Capital + People + Intellectual Property → Specific Knowledge = Knowing how to do something society cannot yet easily train other people to do → Return on Investment = “Buy-and-Hold” + Valuation + Margin of Safety [72]

The truth is, taking a risk - and by risk I mean making a calculated, thought out decision to try something new or different, I'm not talking about throwing caution to the wind and doing something stupid on a whim - is about taking the pieces of yourself you value most and asking, "How can I grow this a little more, in a new way?" That might mean, as it did for me, going after an award so you are recognized in a secific industry and thus get more opportunity.

It is easier to find people who will volunteer to die than to find ones who will take careful, calculated risks day after day, year after year. Our job is to make sure that only the careful ones pass

They do not weigh all possible outcomes but instead rely on a few key values. The magnitude of possible bad outcomes is more salient, so that there is less risk taking when greater stakes are involved. But even then, they do not quantify and calculate: they “feel it,” because quantifying costs and benefits is not easy.

success is solely the result of its slow-and-steady approach to growth and expansion. Walmart has undoubtedly flourished for many reasons. Apart from Sam Walton being the founder, though, I don’t know what other factors have led to its success. I can rattle off a list of things from various business books and articles written on Walmart, but I don’t know if they were the cause or the effect of its success. But I do know that taking calculated risks and staying robustly healthy have had a strong correlation with its accomplishments over sixty years.

We want our businesses to mimic the robustness of the living world: to survive and prosper in a dynamic external environment, withstand internal strategic and organizational upheavals, and evolve by taking calculated risks. 5. Hence, we choose to invest only in businesses that are robust at multiple levels. A robust business has high ROCE, minimal or zero debt, a strong competitive advantage, fragmented customer and supplier bases, a stable management team, and is in a slow-changing industry. 6. Just because a business is robust today does not mean it will continue to be so. Our only protection against the loss of robustness of a business is to be price sensitive. We do not invest unless the market offers us an attractive valuation, which happens rarely.

We should expect the following from a quality management team. That they deliver products and services to their customers that are superior to those of their competitors, allocate capital prudently, attract and retain quality employees, manage their cost structure (which is commensurate with their size and revenue), maintain a quality balance sheet, and continuously innovate by taking calculated risks. All this should—and does—correlate with high ROCE.

taking a calculated risk is not recklessness; it is fearlessness

Statistics says, woemn are significantly less inclined to take professional risks as they get more workplace experience under their belt. As you get older, you need to be even more calculating, you would have built a reputation and there is more visiblity if youtake a chance that doesn't pay off. So, start today. No one ever got noticed by playing it safe.

Coaches must take calculated risks all the time. One thing is to talk about what you plan to do and another is to prepare and then execute a plan toward change.

The Spirit of Christmas The Boys finished their cider and handed the vendor the cups, smacking their lips and wiping their mouths on their sleeves. The towering Vendor smiled down on them. “And a Very Merry Christmas to you two young Gents.” Jonas scowled up at him, “Christmas is a bunch of bunk, just meant for the rich. Come on Jamey.” Little James Nicholas tipped his hat to the Vendor and his eyes shined angelically when he replied, “And a Merry Christmas to you too Sir!” Jonas led the way as they raced the snowy sidewalks of New York. In his heart Jonas knew that they were late but the cider warmed him inside and he didn’t mind the risk. Mr. Angel watched them run, knowing his work was cut out for him. “Christmas a bunk, hm-mmm! I’ve some work to do with these lads and not much time to do it in.” He glanced up at the heavens calculating the time before Christmas. He then tipped his hat to the vendor as he munched the delicious cheese. The Cheese Vendor watched the kindly man depart, knowing there was indeed goodness abound in the world tonight. “Thank ye kind Sir!” The tall Toymaker waved back at him over his shoulder, while keeping the two young dashing lads in sight. “And may the Spirit of Christmas haunt your home with joy.” The Cheese Vendor chuckled to himself. “A joyful haunting? Be there such a thing?” Mr. Angel followed along after the boys. He passed a poor couple and thrust the bag of cheese into their hands. The Poor Man’s face shined with pleasure, “Thank you and bless you sir.” He nodded back at them with a smile. Ahead of him, Jonas and James rushed towards the corner. They raced past a fruit vendor and each of them snatched a piece of fruit from the boxes on display. The Fruit Vendor screamed after them, “Hey, you! Stop thieves!” A New York Policeman witnessing the theft and blew his whistle. Then he shouted after them. “Stop thieves!” He immediately took up the chase, through the down pouring snow. Mr. Angel could be seen in the background keeping pace behind the policeman. The two young boys raced along the sidewalk, twisting their way between passers-by, their eyes frantically glancing behind them at the large pursuing policeman. Suddenly Mr. Thorn, a large, burley man dressed in black blocked their way and took them both by the collars. “So there you are!” He snatched the apple quickly from James’ hand. “What have we here?” He was about to take a bite of it, when he saw the officer racing towards them. “It’s all right officer. I have the young scoundrels and I’ll make full restitutions for their thievery.” He quickly fished coins from his pocket and with a conning smile, put them in the hand of the frowning Policeman. “And a little extra for your trouble, my good man. It’s such a small crime and the criminals so . . . minor.” The burly policeman rocked back and forth considering and then grunted, after all it was Christmas. “Very well sir. I’ll give these to the Vendor but I catch either of you snatching again, it’s behind bars with you and a good strong workhouse. You got me!” Jonas glanced down at his worn out boots, his face red with shame. “Oh yes sir.” James followed suit and then glanced up into the gruff face of the law. “Sorry, we were just hungry!

Always seek input from others to aide you in reaching the best possible decision for your business/start-up. This is due to entrepreneurship mostly being about taking calculated risks, and you will always create better strategies if more facts and information go into the decision-making process.

We take all these little calculated risks. All the time. Nine hundred and ninety-nine times out of a thousand nothing goes wrong. And the one time it does, we blame the person who took the risk, tell them they should have known better than to ever do such a thing.

My analysis reflects that "outstanding entrepreneurs" have in their personality attitude of responsibility, aggressive in experimentation (creativity and innovation), patience for results, friendly with uncertainty, calculated risk taking, Minimum personal needs, Manages social pressures well (Comparisons), adaptive (good team player and a leader). Can such a personality be built?

those who succeed in the modern marketplace are those who take calculated but courageous risks.

Originals do vary in their attitudes toward risk. Some are skydiving gamblers; others are penny-pinching germophobes. To become original, you have to try something new, which means accepting some measure of risk. But the most successful originals are not the daredevils who leap before they look. They are the ones who reluctantly tiptoe to the edge of a cliff, calculate the rate of descent, triple-check their parachutes, and set up a safety net at the bottom just in case. As Malcolm Gladwell wrote in the New Yorker, “Many entrepreneurs take plenty of risks—but those are generally the failed entrepreneurs, not the success stories.

No, the goal should not be to remove risk but rather to take calculated risk.