--- title: "Meaning & Key Takeaway of: In some industries, we refer to risk…" description: "\"In some industries, we refer to risk taking as 'research and development.' At financial institutions, we often take risk by investing in securities.\" —..." image: "https://sms4smile.com/quotes/i/63b/kenneth-c-griffin-9524_institutions_in-some-industries-we-refer-to-risk-taki_2650625.jpg" --- # In some industries, we refer to risk taking as 'research… ![“In some industries, we refer to risk taking as 'research and development.' At financial institutions, we often take risk by investing in securities.” quote by Kenneth C. Griffin](https://sms4smile.com/quotes/i/63b/kenneth-c-griffin-9524_institutions_in-some-industries-we-refer-to-risk-taki_2650625.jpg) [Download](https://sms4smile.com/quotes/i/63b/kenneth-c-griffin-9524_institutions_in-some-industries-we-refer-to-risk-taki_2650625.jpg) [Open image](https://sms4smile.com/quotes/i/63b/kenneth-c-griffin-9524_institutions_in-some-industries-we-refer-to-risk-taki_2650625.jpg) > “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](https://sms4smile.com/quotes/author/kenneth-c-griffin/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Risk‑taking in business is often labeled as R&D, while banks take risk by investing in securities. **In simple terms:** Risk is called research in business, but banks invest it. Key Takeaway Recognize different forms of risk. Themes risk investment research development Mood analytical cautious Type financial strategic When to use this quote - corporate planning - investment decisions - risk assessment Key Concepts financial strategy innovation management Questions to Reflect On - How do you evaluate risk in new projects? - What safeguards exist for financial risk? A Different Perspective Risk can lead to significant loss if mismanaged. ★ ★ ★ ★ ★ No ratings yet [Institutions](https://sms4smile.com/quotes/about/institutions/) [Research](https://sms4smile.com/quotes/about/research/) [Research and development](https://sms4smile.com/quotes/about/research-and-development/) [Risk](https://sms4smile.com/quotes/about/risk/) [Risk taking](https://sms4smile.com/quotes/about/risk-taking/) ## Related quotes > [The only risk is not taking the risk. 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That’s what the phones are taking away, is the…](https://sms4smile.com/quotes/anonymous/you-need-to-build-an-ability-to-just-be-yourself-and-not-be-doing/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Business is all about risk taking and managing uncertainties and turbulence.](https://sms4smile.com/quotes/gautam-adani/business-is-all-about-risk-taking-and-managing-uncertainties-and/) [Gautam Adani](https://sms4smile.com/quotes/author/gautam-adani/) > [The risk for me would be in not taking one - that's the only thing that's really risky for me.](https://sms4smile.com/quotes/kanye-west/the-risk-for-me-would-be-in-not-taking-one-that-s-the-only-thing-that/) [Kanye West](https://sms4smile.com/quotes/author/kanye-west/) > [Risk-taking is the essence of innovation.](https://sms4smile.com/quotes/herman-kahn/risk-taking-is-the-essence-of-innovation/) [Herman Kahn](https://sms4smile.com/quotes/author/herman-kahn/) > [My parents worked as brokers at Oppenheimer securities. They managed to finagle me a job.](https://sms4smile.com/quotes/steve-eisman/my-parents-worked-as-brokers-at-oppenheimer-securities-they-managed/) [Steve Eisman](https://sms4smile.com/quotes/author/steve-eisman/) > [If we assume that there are normal or standard income results to be obtained from investing money in securities, then the role of the…](https://sms4smile.com/quotes/benjamin-graham/if-we-assume-that-there-are-normal-or-standard-income-results-to-be/) [Benjamin Graham](https://sms4smile.com/quotes/author/benjamin-graham/) > [If you're trading individual securities, you're almost certainly making a mistake. 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Lines may clog; systems may…](https://sms4smile.com/quotes/anonymous/although-the-internet-makes-it-seem-as-if-you-have-a-direct/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [More investment trusts securities were offered in September of 1929 even than in August - the total was above $600 million. However, the nearly…](https://sms4smile.com/quotes/john-kenneth-galbraith/more-investment-trusts-securities-were-offered-in-september-of-1929/) [John Kenneth Galbraith](https://sms4smile.com/quotes/author/john-kenneth-galbraith/) ## More by Kenneth C. Griffin > [If I could wave a magic wand, I'd break up the banking system.](https://sms4smile.com/quotes/kenneth-c-griffin/if-i-could-wave-a-magic-wand-i-d-break-up-the-banking-system/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) > [It's important for me to be No. 1.](https://sms4smile.com/quotes/kenneth-c-griffin/it-s-important-for-me-to-be-no-1/) [Kenneth C. 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Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) > [In our firm's earliest days, our understanding of the power of great software engineering and quantitative analytics helped Citadel stand out.](https://sms4smile.com/quotes/kenneth-c-griffin/in-our-firm-s-earliest-days-our-understanding-of-the-power-of-great/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) > [When you read that UBS did not even view parts of its mortgage portfolio as having market risk, it becomes very obvious that a…](https://sms4smile.com/quotes/kenneth-c-griffin/when-you-read-that-ubs-did-not-even-view-parts-of-its-mortgage/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) > [It is incredible to come to work every day surrounded by individuals whose insights and efforts place us at the forefront of finance.](https://sms4smile.com/quotes/kenneth-c-griffin/it-is-incredible-to-come-to-work-every-day-surrounded-by-individuals/) [Kenneth C. 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Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) > [Speaker Ryan's vision for a confident America, both at home and abroad, reflects his thoughtful leadership.](https://sms4smile.com/quotes/kenneth-c-griffin/speaker-ryan-s-vision-for-a-confident-america-both-at-home-and-abroad/) [Kenneth C. Griffin](https://sms4smile.com/quotes/author/kenneth-c-griffin/) [Explore all 72 Kenneth C. Griffin quotes ](https://sms4smile.com/quotes/author/kenneth-c-griffin/) ## More Institutions quotes > [The minimum that most minimalists want leaves in place just the institutions who protect their interests. That's libertarians for you - anarchists who want…](https://sms4smile.com/quotes/kim-stanley-robinson/the-minimum-that-most-minimalists-want-leaves-in-place-just-the/) [Kim Stanley Robinson](https://sms4smile.com/quotes/author/kim-stanley-robinson/) > [“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. 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