Risk Management Quotes

"The best way to get a winning position is to trade around a core position." "Bulls make money, bears make money, pigs get slaughtered." "In this business, by the time you realize you're in trouble, it's too late to save yourself. Unless you're running scared all the time, you're gone." "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful" "Diversification is protection against ignorance. It makes little sense if you know what you are doing" "Any time you risk big you often risk losing big" "Newman's first law: It is useless to put on your brakes when you're upside down" "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1" "Risk comes from not knowing what you’re doing" "The gambling known as business looks with austere disfavor upon the business known as gambling." "As a company grows, everything needs to scale, including the size of your failed experiments. If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle. Amazon will be experimenting at the righ" "We understand that and believe in failing early and iterating until we get it right. When this process works, it means our failures are relatively small in size (most experiments can start small), and when we hit on something that is really working for cus" "Companies are rarely criticized for the things that they failed to try. But they are, many times, criticized for things they tried and failed at." "We recently greenlit a particular Amazon Studios original. I told the team my view: debatable whether it would be interesting enough, complicated to produce, the business terms aren’t that good, and we have lots of other opportunities. They had a completel" "It's OK to have your eggs in one basket as long as you control what happens to that basket." "The worst calamities that befall an army arise from hesitation." "My philosophy is that if I have any money I invest it in new ventures and not have it sitting around." "Well private money can take risks in a way that government money often isn't willing to."