Risk Management quotes:

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Maybe we should teach schoolchildren probability theory and investment risk management. -- Andrew Lo
Everything that can be counted does not necessarily count; everything that counts cannot necessarily be counted. -- Albert Einstein
There is no doubt that Formula 1 has the best risk management of any sport and any industry in the world. -- Jackie Stewart
As population susceptibilities are better understood, we will be in a better position than we are in today to make informed decisions about risk management. -- Samuel Wilson
One of the responsibilities faced by the Environmental Genome Project is to provide the science base upon which society can make better informed risk management decisions. -- Samuel Wilson
A desperate disease requires a dangerous remedy. -- Guy Fawkes
A manager is an assistant to his men. -- Thomas J. Watson
Risk comes from not knowing what you're doing. -- Warren Buffett
Never ask a barber if you need a haircut. -- Warren Buffett
If you don't know the Jewelry, know the Jeweller -- Warren Buffett
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes -- Peter Lynch
Businesses can be opaque. They are complex. You don't know how aircraft engines work either. -- Jamie Dimon
All you need is the plan, the road map, and the courage to press on to your destination. -- Earl Nightingale
There are those who are so scrupulously afraid of doing wrong that they seldom venture to do anything. -- Luc de Clapiers
It seems to be a law of nature, inflexible and inexorable, that those who will not risk cannot win. -- John Paul Jones
Risk models only have value if they are used effectively in combination with a limit management and control process. -- Jawwad farid
Outperforming the market with low volatility on a consistent basis is an impossibility. I outperformed the market for 30-odd years, but not with low volatility. -- George Soros
Cease dependence on inspection to achieve quality. Eliminate the need for inspection on a mass basis by building quality into the product in the first place. -- W. Edwards Deming
A theory's assumptions always are and ought to be unrealistic. Further, we should attempt to make them more unrealistic in order to increase a theory's fruitfulness. -- Satoshi Kanazawa
The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they're mutually reinforcing. -- Michael Porter
Today's scientists have substituted mathematics for experiments, and they wander off through equation after equation, and eventually build a structure which has no relation to reality. -- Nikola Tesla
I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness to invest even when the future is unclear, and great people. -- Jeffrey R. Immelt
Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your position ought to be, cut it at least in half. -- Bruce Kovner
High leverage is unsafe, not just for a company but the entire economy... LBOs are reducing the safety. Management loses the power to do many things. It has no margin for error and less margin for additional risk. -- Franco Modigliani
As I write in 2012 we certainly do not believe that it is over yet, and the worst may be yet to come. Efforts by governments to solve the underlying problems responsible for the crisis have still not gotten very far, and the 'stress tests' that governments have used to encourage optimism about our financial institutions were of questionable thoroughness. -- Robert J. Shiller
I think the rise of quantitative econometrics and a highly mathematical approach to risk management was the obverse of a decline in interest in financial history. -- Niall Ferguson
From my perspective, it's really risk management to ensure that humans have the ability to go somewhere else in case there were to be some huge disaster on Earth. -- Gwynne Shotwell
The question of whether or to what extent human activities are causing global warming is not a matter of ideology, let alone of belief. The issue is simply one of risk management. -- Malcolm Turnbull
Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is a good deal worse. -- Timothy Noah
Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates. -- Ben Bernanke
We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because that saves time and saves costs and we believe we can do that while maintaining the same or increased levels of oversight and risk management. -- Karen Mills
Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously the risk-management system of any one bank appears, after the fact, to be incomplete. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up. -- Myron Scholes
All of life is the management of risk, not its elimination. -- Walter Wriston
Indeed, better risk management may be the only truly necessary element of success in banking. -- Alan Greenspan
Boundaries and risk management are very important parts of living a healthy and positive life. -- Bryant H. McGill
If you don't invest in risk management, it doesn't matter what business you're in, it's a risky business. -- Gary Cohn
The key to risk management is never putting yourself in a position where you cannot live to fight another day. -- Richard S. Fuld, Jr.
Managing risk is very different from managing strategy. Risk management focuses on the negative-threats and failures rather than opportunities and successes. -- Robert S. Kaplan
We have no future because our present is too volatile. We have only risk management. The spinning of the given moment's scenarios. Pattern recognition. -- William Gibson
We treat employees as a member of the family. If management take the risk of hiring them, we have to take the responsibility for them. -- Akio Morita
My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the pricing of derivative securities. -- Myron Scholes
Risk management is a more realistic term than safety. It implies that hazards are ever-present, that they must be identified, analyzed, evaluated and controlled or rationally accepted. -- Jerome F. Lederer
The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome. -- Peter L. Bernstein
While we cannot accurately predict the course of climate change in the coming decades, the risks we run if we don't change our course are enormous. Prudent risk management does not equate uncertainty with inaction. -- Steven Chu

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