Courses Quote by Nassim Nicholas Taleb

The best approach to risk is to identify and manage it.

— Mark Walport

Safety is an emergent property of systems, not a component property.

— Nancy Leveson

“Safety is a system property, not a component property, and must be controlled at the system level, not the component level.”

— Nancy G. Leveson

Risk management is a more realistic term than safety. It implies that hazards are ever-present, that they must be identified, analyzed, evaluated and controlled…

— Jerome F. Lederer

A risk is a risk because it's avoidable.

— Erica Bauermeister

We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to use a…

— Janet Yellen

Nothing is more dangerous in practice, than an obstinate, unbending adherence to a system, particularly in its application to the wants and errors of…

— Jean-Baptiste Say

I'm very often described as a 'risk-taker' and 'extreme,' and there are a few examples of that, certainly in the physical experimentation.

— Tim Ferriss

In any technology, one has to be very careful to ensure that it is good and has enough safeguards.

— Ajay Piramal

We haven't developed what some have called the precautionary principle which will say look, if there's a reason, if a product is safe, that's…

— David Rosner

“The traditional approach to an unknown risk is avoidance.”

— James F. Clapp

I think I'm pretty good at analyzing risk.

— Clay Travis