Risk Management Quotes

"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful" "The true investor welcomes volatility" "The idea that complex systems with skin in the game are antifragile is crucial to building a sound view of reality" "Don't cross a river if it is on average four feet deep" "Nobody ever lost money taking a profit." "I’m just looking to earn a fair return on capital, commensurate with the amount of risk we’ve taken and the opportunity we’ve helped create" "The essence of leadership is being able to see the iceberg before it hits the Titanic." "Sometimes your best investments are the ones you don’t make" "Delay is preferable to error" "You must strike a reasonable balance between risk and return" "The biggest investing errors come not from factors that are informational or analytical, but from those that are psychological" "It is more important to ensure survival under negative outcomes than it is to guarantee maximum returns under favorable ones" "You can't make decisions based on fear and the possibility of what might happen." "If we are wise, let us prepare for the worst." "Successful investing requires a careful balancing of objective analysis and subjective conviction based on market psychology" "The policy of being too cautious is the greatest risk of all" "The best way to get a winning position is to trade around a core position." "Bulls make money, bears make money, pigs get slaughtered." "All failed companies are the same: they failed to escape competition" "Diversification is the only free lunch."