When I worry about risks, I worry about the biggest ones…
“When I worry about risks, I worry about the biggest ones, particularly those that are difficult to predict - the ones I call small but deep holes. While odds are you will avoid them, if you do fall in one, it's a long way down and nearly impossible to claw your way out.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
He warns that small, hard‑to‑predict risks can cause severe damage if realized.
In simple terms: Small hidden risks can be disastrous.
Key Takeaway
Watch for hidden dangers.
Themes
risk
uncertainty
prediction
Mood
cautious
analytical
Type
financial
philosophical
When to use this quote
- investment decisions
- policy planning
- risk management
Key Concepts
systemic risk
black swan
deep uncertainty
Questions to Reflect On
- How do you balance vigilance with practicality?
- What safeguards can mitigate deep holes?
A Different Perspective
Predicting every small risk is impossible.