Cases Quote by Richard Dennis
“You should always have a worst case point. The only choice should be to get out quicker.”
About This Quote
Source Interview: Trading seminar, 1990
Always plan for the worst case and be ready to exit quickly if needed.
In simple terms: Plan for worst outcomes.
Key Takeaway
Prepare exit strategies.
Themes
risk management
strategy
trading
Mood
pragmatic
analytical
Type
business
financial
When to use this quote
- investment decisions
- business negotiations
- personal safety
Key Concepts
contingency planning
loss mitigation
Questions to Reflect On
- What worst‑case scenario have you planned for?
- How do you balance caution with opportunity?
A Different Perspective
Over‑preparing may cause indecision.
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