Risk Management Quotes

"Risk comes from not knowing what you’re doing" "Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1" "Newman's first law: It is useless to put on your brakes when you're upside down" "Any time you risk big you often risk losing big" "Diversification is protection against ignorance. It makes little sense if you know what you are doing" "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"