Danger Quote by Benjamin Graham

A realistic definition of risk recognizes the potential loss of capital through inflation and taxes, and would include at least the following two factors:…

— David Dreman

Risk is not inherent in an investment; it is always relative to the price paid. Uncertainty is not the same as risk. Indeed, when…

— Seth Klarman

A good starting point [in the measurement of investment risk] is the preservation and enhancement of your purchasing power in real terms.

— David Dreman

We continue to adhere to a common-sense view of risk - how much we can lose and the probability of losing it. While this…

— Seth Klarman

The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of…

— Seth Klarman

In the financial markets, however, the connection between a marketable security and the underlying business is not as clear-cut. For investors in a marketable…

— Seth Klarman

We regard using [a stock's] volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of…

— Charlie Munger

The business side of real estate investing is fraught with risk. Unlike purchasing mutual funds or savings bonds, with real estate, you can lose…

— Fabrizio Moreira

It's important to understand how people perceive risk, and how that translates into investment behavior.

— Andrew Lo

Just because a company's future is highly uncertain doesn't mean an investment in it is risky. In fact, some of the best potential investments…

— Whitney Tilson

In some industries, we refer to risk taking as 'research and development.' At financial institutions, we often take risk by investing in securities.

— Kenneth C. Griffin

In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not…

— Li Lu