Take Calculated Risks Quotes

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Take calculated risks. That is quite different from being rash.
George S. Patton Jr.
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.
Maxwell Maltz
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.
Dean Alfange
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.
André Malraux
You need to be a risk-taker, but you have to also make sure that you are a calculated risk-taker.
Pooja Agnihotri (17 Reasons Why Businesses Fail :Unscrew Yourself From Business Failure)
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
Kailin Gow
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.
Matshona Dhliwayo
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.
Roland Barthes (A Lover's Discourse: Fragments)
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.
Margaret Atwood (The Blind Assassin)
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!
Thomas Paine
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….
Peter O'Toole
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
Osho (Courage: The Joy of Living Dangerously (Osho Insights for a New Way of Living))
Entrepreneurs who don’t take calculated risks in the marketplace are undeserving of rewards from the marketplace.
Hendrith Vanlon Smith Jr.
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.
C. JoyBell C.
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.
Edith Wharton (The House of Mirth)
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.
Israelmore Ayivor (Become a Better You)
Courage is a blend of discretion and capacity to take calculated risk.
Shesh Nath Vernwal
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.
Tony Blair (A Journey: My Political Life)
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)
Margaret Atwood
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.
Lysa TerKeurst (NIV, Real-Life Devotional Bible for Women: Insights for Everyday Life)
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
Amy Morin (13 Things Mentally Strong People Don't Do: Take Back Your Power, Embrace Change, Face Your Fears, and Train Your Brain for Happiness and Success)
Blind risk is stupid, but calculated risks are worth taking.
Adam Burch (Song of Edmon (Fracture World #1))
Everyday take one optimistic calculated risk to find out how far you can go.
Debasish Mridha
The risks were calculated. The risks were justified. No one ever ascended a mountain without risk.
Liane Moriarty (Nine Perfect Strangers)
Successful, self-starting individuals seek responsibility. They take calculated risks; they don't make excuses to cover up their inactivity.
Nido R. Qubein
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.
Chad Fowler (The Passionate Programmer: Creating a Remarkable Career in Software Development (Pragmatic Life))
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.
J. Edwards Holt
If you want to succeed, take calculated risks and be willing to step outside of your comfort zone.
Sri Amit Ray (Power of Exponential Mindset for Success and Leadership)
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
Josh Kaufman (The Personal MBA: Master the Art of Business)
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.
Alain de Botton (On Love)
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.
Robin S. Baker
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.
Henri J.M. Nouwen (The Return of the Prodigal Son: A Story of Homecoming)
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.
Dean Alfange
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
Ernest Agyemang Yeboah
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.
Max Lucado (Fearless: Imagine Your Life Without Fear)
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.
Amy Morin (13 Things Mentally Strong People Don't Do: Take Back Your Power, Embrace Change, Face Your Fears, and Train Your Brain for Happiness and Success)
Don’t be too scared to calculate risks
Sunday Adelaja
risk takers calculatedly take and over take risk
Ernest Agyemang Yeboah
Entrepreneur, noun: someone who takes calculated risks to add value to wider society with the hope of making money and building wealth
M. James Airey
Be the person who fearlessly takes calculated risks, shapes success through daily habits, and embodies the true power of growth.
Felecia Etienne (Overcoming Mediocrity: Limitless Women)
If you keep taking calculated risks, you will keep getting considerable rewards.
Amit Kalantri (Wealth of Words)
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.
Gene Kim (The Phoenix Project: A Novel about IT, DevOps, and Helping Your Business Win)
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.
Jim Mattis (Call Sign Chaos)
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.
Margaret Atwood (The Blind Assassin)
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.
Dawn Robertson (Hers Series Box Set (Hers, #1-4))
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.
Paul Johnson (Stalin: The Kremlin Mountaineer (Icons))
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.
Henri J.M. Nouwen (The Return of the Prodigal Son: A Story of Homecoming)
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.
Jo Nesbø (The Redbreast (Harry Hole))
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.
Margaret Atwood (The Blind Assassin)
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;
Andrei Daniel Proca (Six Fellows: A Story of Friendship and Survival)
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.
Kristen Ashley (Rock Chick (Rock Chick, #1))
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.
Joe Feldman (Grading for Equity: What It Is, Why It Matters, and How It Can Transform Schools and Classrooms)
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.
Barack Obama (A Promised Land)
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.
Tom Segura (I'd Like to Play Alone, Please: Essays)
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.
Casey Means (Good Energy: The Surprising Connection Between Metabolism and Limitless Health)
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.
Viktor E. Frankl (Man’s Search for Meaning)
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,
Nicholas Carr (The Glass Cage: Where Automation is Taking Us)
[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?
Martin Luther
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.
Bear Grylls (Mud, Sweat and Tears)
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?
Lisa Kleypas (It Happened One Autumn (Wallflowers, #2))
No, the goal should not be to remove risk but rather to take calculated risk.
Ryan Michler (Sovereignty: The Battle for the Hearts and Minds of Men)
I believe, “Calculated Risk” is a misnomer. It is a phrase coined by those who have no appetite for risk. Did you ever hear, Calculated Failure or Calculated Success? So, either you are taking a risk or you are not. Let’s not confuse “risk” with “stupidity”. A risk is when you know the chances of success and failure are 50:50 or maybe 10:90...and you still go ahead. When you take the risk...you ONLY believe in your capabilities and you give your 100%...you are not scared of FAILURE. Stupidity is when you assume that situations and circumstances are in your favor or you have the illusion of being a man of “golden touch”. Choose Your Journey. Let your journey be the most adventurous. Prepare for it and give your best shot. If you win, you will celebrate; if you lose, you will learn. Don’t let success or failure of your journey sway you. That’s life. You Are Born Limitless. Don’t create any limits for yourself.
Sanjeev Himachali
Fear is healthy. It warns you of danger. What is not healthy is letting fear prevent you from taking calculated risks to achieve your dreams. - The Malwatch
Scaylen Renvac
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?
Rakesh Seth
What Dale didn’t calculate was the emotional toll that avoiding risk was having on him. Not following his dream affected his mood
Amy Morin (13 Things Mentally Strong People Don't Do: Take Back Your Power, Embrace Change, Face Your Fears, and Train Your Brain for Happiness and Success)
Points: 301- 450 26 to 40 years old (Practical and Focused) You are of a practical age. You plan everything. This mental age will help you reach your goals and plan your life. You do take calculated risks but know what you want from life. This dedication to your goals may be affecting your relationships. You also spend less time on your health and ignore it. But you are determined to take control of your life. Your friends come to you to get any work done as you would surely be able to help them.
Marie Max House (What's your mental age ?: Childish, Mature... Let's find out. (Quiz Yourself Book 7))
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.
Patrick Bet-David (Your Next Five Moves: Master the Art of Business Strategy)
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.
Jim Paul (What I Learned Losing A Million Dollars)
It is risky not to take calculated risks in life.
Gift Gugu Mona (The Extensive Philosophy of Life: Daily Quotes)
Take calculated risks! Test the water with one toe at a time. Don’t throw yourself in the pool all at once. That’s the best way to learn and adjust your plan!
Bachir Bastien
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
Victoria Sweet (God's Hotel: A Doctor, a Hospital, and a Pilgrimage to the Heart of Medicine)
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.
Gift Gugu Mona (365 Motivational Life Lessons)
taking a calculated risk is not recklessness; it is fearlessness
Yung Pueblo (Clarity & Connection (The Inward Trilogy))
Entrepreneurs take risks, calculates risks; Calculated with wicked awesome reasoning; Backed up by experiences; Experiences based on action; Entrepreneurs take action!
Saurabh Gupta Earth5R
Calculated risk taking will pay huge dividends. How will you ever get to third base with one foot on second? The biggest risk is not taking risks.
Robin S. Sharma (Daily Inspiration From The Monk Who Sold His Ferrari)
Nassi was glaring at her, she realized. The girl needed reassurance. Adara had given up their identities. She had known it was a risk, but it had been a calculated one. Nassi said tightly, “If your father’s men find us, they’ll take us back. You will still be sent off to marry your sultan.
Rosetta Bloom (The Princess, the Pea and the Night of Passion)
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.
Catherine Ryan Hyde (Take Me with You)
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. Which
Catherine Ryan Hyde (Take Me with You)
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. Which
Catherine Ryan Hyde (Take Me with You)
I’ll pay you two thousand dollars if you stall.” Mitch blinked, surprised to hear the words that had just come out of his mouth. “What?” Tommy asked, his own surprise clear in his tone. “I will pay you two grand to stall the repair,” he repeated, ignoring the little voice in his head telling him this was wrong. If there was another way, he’d take it, but every other option had variables. And he couldn’t risk variables. “And how long am I supposed to do that?” Mitch calculated how much time he could get away with while not raising Maddie’s suspicions. The small-town thing would only get him so far before it became unbelievable. “Can you make it the end of the week?” If he pushed it until Friday, maybe he could convince her to stay through the weekend instead of making her way back home. That gave him about a week. One week, then he’d let the chips fall where they may. “So let me get this straight, you’re going to pay me two thousand dollars to let the car sit in my garage for a week?” “Plus the cost of the repair,” Mitch added, knowing Maddie would insist on paying for the car herself. “I’ll bring her in this morning, and you tell her the repair will be three to four hundred but will take until Friday to fix. I’ll pay you two thousand dollars on the side.” “You’ve got a real hard-on for this girl.” Tommy laughed, repeating Charlie’s sentiment from last night. “Never mind that. And for fuck’s sake, don’t tell your wife.” It was only right to point out that Tommy was the pussy-whipped one, not him. “Now, that’s going to cost you a little more,” Tommy said in a thoughtful tone. Mitch narrowed his eyes. “You’re telling me two grand isn’t enough?” “It’s plenty for me, but Mary Beth’s silence will cost you something extra.” Ah, hell. He was about to get hustled and there wasn’t a damn thing he could do about it. “Don’t tell her and we won’t have a problem.” Tommy made disapproving sounds, and Mitch could practically see the big, blond ex-captain of the football team rocking back and forth on his chair. “Now, you know I can’t. A good marriage is built on honesty.” Mitch’s grip tightened on his mug, and he silently cursed. “You don’t give a shit that your wife carries your balls in her purse, do you?” Tommy’s chuckle was pure evil. “It’s a small price to pay for matrimonial bliss.” Mitch tried to think of a way out, but for the life of him he couldn’t see one. Between lack of sleep and deprived blood flow, his normally agile mind failed. “And this is nonnegotiable?” “Well, I’m reasonable.” Tommy’s voice took on the tone of a resigned man. “But, you know Mary Beth, and she does like her gossip.” Everyone in town would know about the plot by noon, and as much as Mitch wanted to delude himself, he didn’t think Maddie would stay locked in the house for a week. “Fine.” Mitch ground out through clenched teeth. “I’ll look at your nephew’s case. But I’m not making any promises.” Mary
Jennifer Dawson (Take a Chance on Me (Something New, #1))
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.
Luigi Wewege (The Digital Banking Revolution: How financial technology companies are rapidly transforming the traditional retail banking industry through disruptive innovation)
To cultivate bravery and courage, start small. Taking small, consistent steps for calculated risks will help you test your footing. Once you begin enjoying mini-victories, you will be able to build upon your small successes to escalate momentum and strengthen your courage to take bigger ones.
Susan C. Young (The Art of Action: 8 Ways to Initiate & Activate Forward Momentum for Positive Impact (The Art of First Impressions for Positive Impact, #4))
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.
George M. Gilbert (Team Of One: We Believe)
But it isn’t the fun of DIY invention, urban exploration, physical danger, and civil disorder that the Z-Boys enjoyed in 1976. It is fun within serious limits, and for all of its thrills it is (by contrast) scripted. And rather obedient. The fact that there are public skateparks and high-performance skateboards signals progress: America has embraced this sport, as it did bicycles in the nineteenth century. Towns want to make skating safe and acceptable. The economy has more opportunity to grow. America is better off for all of this. Yet such government and commercial intervention in a sport that was born of radical liberty means that the fun itself has changed; it has become mediated. For the skaters who take pride in their flashy store-bought equipment have already missed the Z-Boys’ joke: Skating is a guerrilla activity. It’s the fun of beating, not supporting, the system. P. T. Barnum said it himself: all of business is humbug. How else could business turn a profit, if it didn’t trick you with advertising? If it didn’t hook you with its product? This particular brand of humbug was perfected in the late 1960s, when merchandise was developed and marketed and sold to make Americans feel like rebels. Now, as then, customers always pay for this privilege, and purveyors keep it safe (and generally clean) to curb their liability. They can’t afford customers taking real risks. Plus it’s bad for business to encourage real rebellion. And yet, marketers know Americans love fun—they have known this for centuries. And they know that Americans, especially kids, crave autonomy and participation, so they simulate the DIY experience at franchises like the Build-A-Bear “workshops,” where kids construct teddy bears from limited options, or “DIY” restaurants, where customers pay to grill their own steaks, fry their own pancakes, make their own Bloody Marys. These pay-to-play stores and restaurants are, in a sense, more active, more “fun,” than their traditional competition: that’s their big selling point. But in both cases (as Barnum knew) the joke is still on you: the personalized bear is a standardized mishmash, the personalized food is often inedible. As Las Vegas knows, the house always wins. In the history of radical American fun, pleasure comes from resistance, risk, and participation—the same virtues celebrated in the “Port Huron Statement” and the Digger Papers, in the flapper’s slang and the Pinkster Ode. In the history of commercial amusement, most pleasures for sale are by necessity passive. They curtail creativity and they limit participation (as they do, say, in a laser-tag arena) to a narrow range of calculated surprises, often amplified by dazzling technology. To this extent, TV and computer screens, from the tiny to the colossal, have become the scourge of American fun. The ubiquity of TV screens in public spaces (even in taxicabs and elevators) shows that such viewing isn’t amusement at all but rather an aggressive, ubiquitous distraction. Although a punky insurgency of heedless satire has stung the airwaves in recent decades—from equal-opportunity offenders like The Simpsons and South Park to Comedy Central’s rabble-rousing pundits, Jon Stewart and Stephen Colbert—the prevailing “fun” of commercial amusement puts minimal demands on citizens, besides their time and money. TV’s inherent ease seems to be its appeal, but it also sends a sobering, Jumbotron-sized message about the health of the public sphere.
John Beckman (American Fun: Four Centuries of Joyous Revolt)
One of the worst mis­takes you can make as a leader is putting your life on cruise con­trol. Good, effective, and relevant leadership is all about lifelong learning. It is about being teachable, accountable, and proactive, and trying new things. Growth means taking calculated risks.
Dave Kraft (Leaders Who Last)
It was a truth that he had painfully been forced to acknowledge for some time, at least to himself: that the creative force in life was extravagance rather than tightfistedness, gambling rather than calculation, and that every true creative act was born of risk taking, without which nothing better than sterile repetition was ever possible.
Davide Longo (The Last Man Standing)
good storyteller, build good relationships internally and externally with key ecosystem constituents, take calculated risks, be quickly adaptable and flexible, communicate humbly but firmly, recruit all the time, implement sound business processes, and execute-execute-execute pragmatically within your ecosystem with purpose! If not, success will be just a pipe dream or fleeting experience, as building a start-up successfully is quite difficult. And great ideas don’t just come to you. You must pursue them. Regardless of what your vision for the future is, find ways to keep strengthening your pragmatic combination of mind-set, skill set, direction, strategies, know-how, and execution! If the featured young
Jason L. Ma (Young Leaders 3.0: Stories, Insights, and Tips for Next-Generation Achievers)
Real entrepreneurs are ready to grab the bull by the horns, and take calculated risks, while developing a business plan into a successful employment model for the world to recognize on its merits alone.
Mac Miller (Starting a Business While Keeping your Job. Ultimate Guide To Start Something That Matters)
those who succeed in the modern marketplace are those who take calculated but courageous risks.
Dale Partridge (People Over Profit: Break the System, Live with Purpose, Be More Successful)
Some of my greatest successes in business are simply the result of taking huge, calculated risks.
Chris Mentillo
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.
Gift Gugu Mona (365 Motivational Life Lessons)
According to the academicians who developed capital market theory, risk equals volatility, because volatility indicates the unreliability of an investment. I take great issue with this definition of risk. It’s my view that—knowingly or unknowingly—academicians settled on volatility as the proxy for risk as a matter of convenience. They needed a number for their calculations that was objective and could be ascertained historically and extrapolated into the future. Volatility fits the bill, and most of the other types of risk do not. The problem with all of this, however, is that I just don’t think volatility is the risk most investors care about. There are many kinds of risk.... But volatility may be the least relevant of them all. Theory says investors demand more return from investments that are more volatile. But for the market to set the prices for investments such that more volatile investments will appear likely to produce higher returns, there have to be people demanding that relationship, and I haven’t met them yet. I’ve never heard anyone at Oaktree—or anywhere else, for that matter—say, “I won’t buy it, because its price might show big fluctuations,” or “I won’t buy it, because it might have a down quarter.” Thus, it’s hard for me to believe volatility is the risk investors factor in when setting prices and prospective returns. Rather than volatility, I think people decline to make investments primarily because they’re worried about a loss of capital or an unacceptably low return.
Howard Marks (The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing))
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]
Eric Jorgenson (The Almanack Of Naval Ravikant: A Guide to Wealth and Happiness)
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.
Gift Gugu Mona (365 Motivational Life Lessons)
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.
Eric Jorgenson (The Almanack of Naval Ravikant: A Guide to Wealth and Happiness)
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
Bryson Hirai-Hadley (The Township)
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.
Lauren Wesley Wilson (What Do You Need?: How Women of Color Can Take Ownership of Their Careers to Accelerate Their Path to Success)
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.
Lauren Wesley Wilson (What Do You Need?: How Women of Color Can Take Ownership of Their Careers to Accelerate Their Path to Success)
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.
Donald Miller (Marketing Made Simple: A Step-By-Step Storybrand Guide for Any Business)
Then King repeated the doctrine of taking calculated risks with concentrated forces that Nimitz had just employed at Coral Sea and Midway. “Don’t forget the proposition,” the admiral told the reporters, “that the minute you try to be strong everywhere, you have only the men available—it means you will be weak everywhere.
Walter R. Borneman (The Admirals: Nimitz, Halsey, Leahy, and King--The Five-Star Admirals Who Won the War at Sea)