--- title: "Meaning & Key Takeaway of: I think that it would be a mistake for…" description: "\"I think that it would be a mistake for any institution to think that their stake in a default or in a voluntary accord is determined by the amount of t..." image: "https://sms4smile.com/quotes/i/a56/charles-dallara-19004_any_i-think-that-it-would-be-a-mistake-for-a_912691.jpg" --- # I think that it would be a mistake for any institution to… ![“I think that it would be a mistake for any institution to think that their stake in a default or in a voluntary accord is determined by the amount of their exposure, hedged or unhedged.” quote by Charles Dallara](https://sms4smile.com/quotes/i/a56/charles-dallara-19004_any_i-think-that-it-would-be-a-mistake-for-a_912691.jpg) [Download](https://sms4smile.com/quotes/i/a56/charles-dallara-19004_any_i-think-that-it-would-be-a-mistake-for-a_912691.jpg) [Open image](https://sms4smile.com/quotes/i/a56/charles-dallara-19004_any_i-think-that-it-would-be-a-mistake-for-a_912691.jpg) > “I think that it would be a mistake for any institution to think that their stake in a default or in a voluntary accord is determined by the amount of their exposure, hedged or unhedged.” [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Institutions should not base stakes on exposure alone; risk management must consider broader factors. **In simple terms:** Stake isn’t just about exposure. Key Takeaway Assess risk beyond exposure. Themes risk finance institutional policy Mood analytical serious Type advice philosophical When to use this quote - banking - insurance - investment funds - regulatory bodies Key Concepts hedging systemic risk Questions to Reflect On - How do you evaluate hidden risks? - What safeguards can you implement? A Different Perspective Complex markets may defy simple exposure metrics. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Determined](https://sms4smile.com/quotes/about/determined/) [Failure](https://sms4smile.com/quotes/about/failure/) [Mistake](https://sms4smile.com/quotes/about/mistake/) ## Related quotes > [“Because by definition they lack any such sense of mutuality or wholeness, our specializations subsist on conflict with one another. The rule is never…](https://sms4smile.com/quotes/wendell-berry/because-by-definition-they-lack-any-such-sense-of-mutuality-or/) [Wendell Berry](https://sms4smile.com/quotes/author/wendell-berry/) > [“Church historians often ask, ‘Is the church a movement or an institution?' . . . I think it is both. . . . I…](https://sms4smile.com/quotes/bruce-l-shelley/church-historians-often-ask-is-the-church-a-movement-or-an/) [Bruce L. Shelley](https://sms4smile.com/quotes/author/bruce-l-shelley/) > [I've always been competitive and determined. It's part of my personality.](https://sms4smile.com/quotes/ellie-simmonds/i-ve-always-been-competitive-and-determined-it-s-part-of-my/) [Ellie Simmonds](https://sms4smile.com/quotes/author/ellie-simmonds/) > [Your success will be determined by the quality of your relationships with people.](https://sms4smile.com/quotes/danielle-laporte/your-success-will-be-determined-by-the-quality-of-your-relationships/) [Danielle LaPorte](https://sms4smile.com/quotes/author/danielle-laporte/) > [Further conceive, I beg, that a stone, while continuing in motion, should be capable of thinking and knowing, that it is endeavoring, as far…](https://sms4smile.com/quotes/anonymous/further-conceive-i-beg-that-a-stone-while-continuing-in-motion-should/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [How could a readiness for war in time of peace be safely prohibited, unless we could prohibit, in like manner, the preparations and establishments…](https://sms4smile.com/quotes/james-madison/how-could-a-readiness-for-war-in-time-of-peace-be-safely-prohibited/) [James Madison](https://sms4smile.com/quotes/author/james-madison/) > [The more we sense...our ultimate potential, the more determined we become to achieve it. It's the difference between your mother hounding you to practice…](https://sms4smile.com/quotes/sheri-l-dew/the-more-we-sense-our-ultimate-potential-the-more-determined-we/) [Sheri L. Dew](https://sms4smile.com/quotes/author/sheri-l-dew/) > [The laws of thermodynamics, as empirically determined, express the approximate and probable behavior of systems of a great number of particles, or, more precisely,…](https://sms4smile.com/quotes/j-willard-gibbs/the-laws-of-thermodynamics-as-empirically-determined-express-the/) J. Willard Gibbs > [Early experience shapes the structure and function of the brain. This reveals the fundamental way in which gene expression is determined by experience.](https://sms4smile.com/quotes/daniel-j-siegel/early-experience-shapes-the-structure-and-function-of-the-brain-this/) [Daniel J. Siegel](https://sms4smile.com/quotes/author/daniel-j-siegel/) > [If a Coach is determined to stay in the coaching profession, he will develop from year to year. This much is true, no coach…](https://sms4smile.com/quotes/adolph-rupp/if-a-coach-is-determined-to-stay-in-the-coaching-profession-he-will/) [Adolph Rupp](https://sms4smile.com/quotes/author/adolph-rupp/) > [Always remember, there is more strength in you than you ever realized or even imagined. Certainly nothing can keep you down if you are…](https://sms4smile.com/quotes/norman-vincent-peale/always-remember-there-is-more-strength-in-you-than-you-ever-realized/) [Norman Vincent Peale](https://sms4smile.com/quotes/author/norman-vincent-peale/) > [I was determined to be an actor and make a name in the industry, and hence, I did.](https://sms4smile.com/quotes/nawazuddin-siddiqui/i-was-determined-to-be-an-actor-and-make-a-name-in-the-industry-and/) [Nawazuddin Siddiqui](https://sms4smile.com/quotes/author/nawazuddin-siddiqui/) > [Ignorance is not bliss — it is oblivion. Determined ignorance is the hastiest kind of oblivion.](https://sms4smile.com/quotes/philip-wylie/ignorance-is-not-bliss-it-is-oblivion-determined-ignorance-is-the/) [Philip Wylie](https://sms4smile.com/quotes/author/philip-wylie/) > [If you are not willing to learn, no one can help you. If you are determined to learn, no one can stop you.](https://sms4smile.com/quotes/anonymous/if-you-are-not-willing-to-learn-no-one-can-help-you-if-you-are/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Human beings have an innate inner drive to be autonomous, self-determined, and connected to one another. And when that drive is liberated, people achieve…](https://sms4smile.com/quotes/daniel-h-pink/human-beings-have-an-innate-inner-drive-to-be-autonomous-self/) [Daniel H. Pink](https://sms4smile.com/quotes/author/daniel-h-pink/) ## More by Charles Dallara > [A core group of the world's leading economies need to come together and hammer out an understanding.](https://sms4smile.com/quotes/charles-dallara/a-core-group-of-the-world-s-leading-economies-need-to-come-together/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [The Germans argue - and I can fully understand them - that the euro countries must surrender their sovereignty, because that is the only…](https://sms4smile.com/quotes/charles-dallara/the-germans-argue-and-i-can-fully-understand-them-that-the-euro/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [How can the United States preserve its financial and security leadership role when it conducts itself with such ineptitude and such disregard for the…](https://sms4smile.com/quotes/charles-dallara/how-can-the-united-states-preserve-its-financial-and-security/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [The emphasis so far on fiscal austerity, while to a degree necessary for the countries facing market funding difficulties, is excessive when carried out…](https://sms4smile.com/quotes/charles-dallara/the-emphasis-so-far-on-fiscal-austerity-while-to-a-degree-necessary/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [If the official community is interested in asking the private sector to take another look at Greece, then it will have to be only…](https://sms4smile.com/quotes/charles-dallara/if-the-official-community-is-interested-in-asking-the-private-sector/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [I had the privilege of living in Greece in the early 1970s.](https://sms4smile.com/quotes/charles-dallara/i-had-the-privilege-of-living-in-greece-in-the-early-1970s/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [2005 is highly likely to be a more challenging environment, both for policymakers and investors.](https://sms4smile.com/quotes/charles-dallara/2005-is-highly-likely-to-be-a-more-challenging-environment-both-for/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [When you inject capital into the parent, it may or may not benefit the subsidiary.](https://sms4smile.com/quotes/charles-dallara/when-you-inject-capital-into-the-parent-it-may-or-may-not-benefit-the/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [I think Putin will have to find a way to signal, even if it's a modest signal, an openness to dialogue.](https://sms4smile.com/quotes/charles-dallara/i-think-putin-will-have-to-find-a-way-to-signal-even-if-it-s-a-modest/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [If you step back and think about it, just a little over two years ago, in 2009, it was not surprising at all to…](https://sms4smile.com/quotes/charles-dallara/if-you-step-back-and-think-about-it-just-a-little-over-two-years-ago/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [It was very important for us to hear that both European governments and the IMF are going to sustain and augment their commitment to…](https://sms4smile.com/quotes/charles-dallara/it-was-very-important-for-us-to-hear-that-both-european-governments/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [It is time to recognise that austerity alone condemns not just Greece but the whole of Europe to the probability of a painful and…](https://sms4smile.com/quotes/charles-dallara/it-is-time-to-recognise-that-austerity-alone-condemns-not-just-greece/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [Unfortunately, I think we could see that fairly early in 2015: The cloud of economic weakness in Russia is spreading over Europe. It has…](https://sms4smile.com/quotes/charles-dallara/unfortunately-i-think-we-could-see-that-fairly-early-in-2015-the/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [It is certainly possible that the Greek economy can revive and achieve some growth over the years ahead.](https://sms4smile.com/quotes/charles-dallara/it-is-certainly-possible-that-the-greek-economy-can-revive-and/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) > [I think it is incumbent on the rest of us - and I would suggest that includes other European leaders - to pause in…](https://sms4smile.com/quotes/charles-dallara/i-think-it-is-incumbent-on-the-rest-of-us-and-i-would-suggest-that/) [Charles Dallara](https://sms4smile.com/quotes/author/charles-dallara/) [Explore all 33 Charles Dallara quotes ](https://sms4smile.com/quotes/author/charles-dallara/) ## More Any quotes > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [At the very beginning, I was a page at Letterman, and I freelanced for any place that would let me write any word. I…](https://sms4smile.com/quotes/ben-schwartz/at-the-very-beginning-i-was-a-page-at-letterman-and-i-freelanced-for/) [Ben Schwartz](https://sms4smile.com/quotes/author/ben-schwartz/) > [Any incarnation of 'Batman' I am delighted to do.](https://sms4smile.com/quotes/adam-west/any-incarnation-of-batman-i-am-delighted-to-do/) [Adam West](https://sms4smile.com/quotes/author/adam-west/) > [If we accept being talked to any kind of a way, then we are telling ourselves we are not quite worth the best. And…](https://sms4smile.com/quotes/maya-angelou/if-we-accept-being-talked-to-any-kind-of-a-way-then-we-are-telling/) [Maya Angelou](https://sms4smile.com/quotes/author/maya-angelou/) > [A lot of people have been saying 'The 100' reminds them of 'Lord Of The Flies,' 'Lost' and 'Battlestar Galactica,' and all of those…](https://sms4smile.com/quotes/marie-avgeropoulos/a-lot-of-people-have-been-saying-the-100-reminds-them-of-lord-of-the/) [Marie Avgeropoulos](https://sms4smile.com/quotes/author/marie-avgeropoulos/) > [I have never been in, nor have I had any strong particular desire to be in, what is termed a costume drama, but I…](https://sms4smile.com/quotes/martin-freeman/i-have-never-been-in-nor-have-i-had-any-strong-particular-desire-to/) [Martin Freeman](https://sms4smile.com/quotes/author/martin-freeman/) > [We were so poor as kids. I didn't even see a bathtub, running water, hot water, commode - we didn't have any of that.…](https://sms4smile.com/quotes/phil-robertson/we-were-so-poor-as-kids-i-didn-t-even-see-a-bathtub-running-water-hot/) [Phil Robertson](https://sms4smile.com/quotes/author/phil-robertson/) > [We earned any fans with the way we play.](https://sms4smile.com/quotes/jimmy-white/we-earned-any-fans-with-the-way-we-play/) [Jimmy White](https://sms4smile.com/quotes/author/jimmy-white/) > [Hard work and a good education will take you further than any government program.](https://sms4smile.com/quotes/aaron-schock/hard-work-and-a-good-education-will-take-you-further-than-any/) [Aaron Schock](https://sms4smile.com/quotes/author/aaron-schock/) > [Anyone who's read my 'Terror in the Skies' series knows that I have not been writing with an eye toward approval from any government…](https://sms4smile.com/quotes/annie-jacobsen/anyone-who-s-read-my-terror-in-the-skies-series-knows-that-i-have-not/) [Annie Jacobsen](https://sms4smile.com/quotes/author/annie-jacobsen/) > [The system in Germany is different, as you sign up with a company for two or three years, and you work exclusively with them;…](https://sms4smile.com/quotes/tom-wlaschiha/the-system-in-germany-is-different-as-you-sign-up-with-a-company-for/) [Tom Wlaschiha](https://sms4smile.com/quotes/author/tom-wlaschiha/) > [I'm writing about real things. Real people. Real characters. You have to believe what I write about is true or you wouldn't pay any…](https://sms4smile.com/quotes/lou-reed/i-m-writing-about-real-things-real-people-real-characters-you-have-to/) [Lou Reed](https://sms4smile.com/quotes/author/lou-reed/) > [I haven't shut any doors, and I'm really open to anything, so I think it's just about the material and what is going to…](https://sms4smile.com/quotes/danielle-panabaker/i-haven-t-shut-any-doors-and-i-m-really-open-to-anything-so-i-think/) [Danielle Panabaker](https://sms4smile.com/quotes/author/danielle-panabaker/) > [I never want to look back on any moment and say I could have done more. So I go all in.](https://sms4smile.com/quotes/scott-haze/i-never-want-to-look-back-on-any-moment-and-say-i-could-have-done/) [Scott Haze](https://sms4smile.com/quotes/author/scott-haze/) > [I love the sea, but I avoid any sort of seaside resort that has skyscrapers or seaside entertainments.](https://sms4smile.com/quotes/quentin-blake/i-love-the-sea-but-i-avoid-any-sort-of-seaside-resort-that-has/) [Quentin Blake](https://sms4smile.com/quotes/author/quentin-blake/) Browse all 6,938 Any quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "I think that it would be a mistake for any institution to think that their stake in a default or in a voluntary accord is determined by the amount of their exposure, hedged or unhedged.", "creator": { "@type": "Person", "name": "Charles Dallara" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/charles-dallara/i-think-that-it-would-be-a-mistake-for-any-institution-to-think-that/", "about": { "@type": "Thing", "name": "Any" }, "@id": "https://sms4smile.com/quotes/charles-dallara/i-think-that-it-would-be-a-mistake-for-any-institution-to-think-that/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a56/charles-dallara-19004_any_i-think-that-it-would-be-a-mistake-for-a_912691.jpg", "contentUrl": "https://sms4smile.com/quotes/i/a56/charles-dallara-19004_any_i-think-that-it-would-be-a-mistake-for-a_912691.jpg", "url": "https://sms4smile.com/quotes/i/a56/charles-dallara-19004_any_i-think-that-it-would-be-a-mistake-for-a_912691.jpg", "width": 1080, "height": 1080, "caption": "“I think that it would be a mistake for any institution to think that their stake in a default or in a…” — Charles Dallara", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Charles Dallara", "item": "https://sms4smile.com/quotes/author/charles-dallara/" }, { "@type": "ListItem", "position": 4, "name": "I think that it would be...", "item": "https://sms4smile.com/quotes/charles-dallara/i-think-that-it-would-be-a-mistake-for-any-institution-to-think-that/" } ], "@id": "https://sms4smile.com/quotes/charles-dallara/i-think-that-it-would-be-a-mistake-for-any-institution-to-think-that/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```