Deep Quote by Henry Paulson
“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
Source Speech: Financial Risk Conference, 2008
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.
