Risk management Quotes · Page 2

I have a right to be blind sometimes.

— Horatio Nelson

If you don't know the Jewelry, know the Jeweller

— Warren Buffett

Never ask a barber if you need a haircut.

— Warren Buffett

A good rule of thumb is to assume that everything matters.

— Richard Thaler

“We live in a blatantly corrupt world and smart people engage in the wise practice of risk management.”

— Steven Magee

One thing that makes it possible to be an optimist is if you have a contingency plan for when all hell breaks…

— Randy Pausch

Managers must have the discipline not to keep pulling up the flowers to see if their roots are healthy.

— Robert Townsend

It's better to solve the right problem approximately than to solve the wrong problem exactly.

— John Tukey

“Being able to be repeated controllably is one key element in risk management.”

— Toba Beta

If you only take small risks, you are only entitled to a small life.

— Robin Sharma

The key to risk management is never putting yourself in a position where you cannot live to fight another day.

— Richard S. Fuld, Jr

“Not taking risks one doesn't understand is often the best form of risk management.”

— Raghuram G. Rajan

“After years of serving as an IT auditor and consultant, I have extrapolated that many of the largest organizational formations needed effective…

— Robert E. Davis

“Risk management seemed to have completed its transformation into pure entertainment. Dudley seemed the epitome of a risk manager who would drown…

— Satyajit Das

If I had better foresight, maybe I could have improved things a little bit. But frankly, if I had perfect foresight, I…

— Richard F. Syron

You cannot allow any of your people to avoid the brutal facts. If they start living in a dream world, it's going…

— James Mattis

Security incidents have gone up 5-10 times during the pandemic, so there is an increased need for security operations risk management, identity…

— Ashok Soota

I think the rise of quantitative econometrics and a highly mathematical approach to risk management was the obverse of a decline in…

— Niall Ferguson

A foreign policy aimed at the achievement of total security is the one thing I can think of that is entirely capable…

— George F. Kennan

The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.

— Peter Drucker

I don't see what the alternative to risk management is. If it's just getting rid of the models and instead using the…

— Robert F. Engle

The mistake...was attributed in part to the fact that employees called the 3-year note 'Losh' and the 5-year note 'Bosh'. The comic…

— Frank Partnoy

Managers are not confronted with problems that are independent of each other, but with dynamic situations that consist of complex systems of…

— Russell L. Ackoff

We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because…

— Karen Mills

I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is…

— Peter Drucker

Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical…

— Ben Bernanke

The old-fashioned idea of a good manager is one who is supposed to know all the answers, can solve every problem himself,…

— George E. P. Box

We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to…

— Janet Yellen

What we learn from history is that people don't learn from history.

— Warren Buffett

There are those who are so scrupulously afraid of doing wrong that they seldom venture to do anything.

— Luc de Clapiers

A company will get nowhere if all of the thinking is left to management.

— Akio Morita

By definition, risk-takers often fail. So do morons. In practice it's difficult to sort them out.

— Scott Adams

“Accidents are no longer accidents at all. They are failures of risk management.”

— Sidney Dekker

Very few things are as dangerous as a bunch of incentive-driven individuals trying to play it safe.

— Alfie Kohn

There are three ways to get better figures... Improve the system... Distort the system... Distort the figures

— Brian L. Joiner

Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.

— Michael Porter

There is no doubt that Formula 1 has the best risk management of any sport and any industry in the world.

— Jackie Stewart

Standards should not be forced down from above but rather set by the production workers themselves.

— Taiichi Ohno

Risk models only have value if they are used effectively in combination with a limit management and control process.

— Jawwad farid

This awful catastrophe is not the end but the beginning. History does not end so. It is the way its chapters open.

— Saint Augustine