--- title: "Meaning & Key Takeaway of: The second thing we did was said, OK…" description: "\"The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; y..." image: "https://sms4smile.com/quotes/i/6bc/michael-chertoff-17447_enough_the-second-thing-we-did-was-said-ok-we-v_85631.jpg" --- # The second thing we did was said, OK, we've now identified… ![“The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; you've got to have a meaningful use for the money we give you.” quote by Michael Chertoff](https://sms4smile.com/quotes/i/6bc/michael-chertoff-17447_enough_the-second-thing-we-did-was-said-ok-we-v_85631.jpg) [Download](https://sms4smile.com/quotes/i/6bc/michael-chertoff-17447_enough_the-second-thing-we-did-was-said-ok-we-v_85631.jpg) [Open image](https://sms4smile.com/quotes/i/6bc/michael-chertoff-17447_enough_the-second-thing-we-did-was-said-ok-we-v_85631.jpg) > “The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; you've got to have a meaningful use for the money we give you.” [Michael Chertoff](https://sms4smile.com/quotes/author/michael-chertoff/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Identifying risk alone is insufficient; resources must be directed toward purposeful actions that address that risk. **In simple terms:** Risk must be paired with purposeful spending. Key Takeaway Risk identification needs actionable funding. Themes risk management resource allocation strategic planning accountability decision making Mood pragmatic focused strategic Type advice policy guidance strategic insight When to use this quote - project funding decisions - policy implementation - grant allocation Key Concepts risk assessment budgeting impact evaluation Practical Applications - designing risk mitigation programs - prioritizing investments Questions to Reflect On - How can we ensure funds are used effectively after risk identification? - What criteria should guide the allocation of resources to address identified risks? ★ ★ ★ ★ ★ No ratings yet [Giving](https://sms4smile.com/quotes/about/giving/) [Meaningful](https://sms4smile.com/quotes/about/meaningful/) [Money](https://sms4smile.com/quotes/about/money/) [Risk](https://sms4smile.com/quotes/about/risk/) ## Related quotes > [You must take risks, both with your own money or with borrowed money. 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