Diversifying sufficiently among uncorrelated risks can reduce portfolio risk toward zero. But financial engineers should know that's not true of a portfolio of correlated risks.
In my view, Asian countries have learnt the lessons from the past and significantly enhanced their capabilities to fend off risks.
Every day as Chancellor I see alerts telling me of risks around the world.
Optimistic people play a disproportionate role in shaping our lives. Their decisions make a difference; they are inventors, entrepreneurs, political and military leaders - not average people. They got to where they are by seeking challenges and taking risks.
When there is an influenza threat, drop everything and focus on risks from influenza pandemics. When SARS spreads, focus on unknown respiratory diseases. This approach helps to quell public concern, but it's a hugely inefficient way to deal with future risks.
There are risks and costs to action. But they are far less than the long range risks of comfortable inaction.
If you're going to lead a space frontier, it has to be government; it'll never be private enterprise. Because the space frontier is dangerous, and it's expensive, and it has unquantified risks. And under those conditions, you cannot establish a capital-market evaluation of that enterprise. You can't get investors.
Living with fear stops us taking risks, and if you don't go out on the branch, you're never going to get the best fruit.
I would love to take more risks - have pink hair - but it doesn't look right on me.
The same products, services or technologies can fail or succeed depending on the business model you choose. Exploring the possibilities is critical to finding a successful business model. Settling on first ideas risks the possibility of missing potential that can only be discovered by prototyping and testing different alternatives.
For all the opportunities that arise from the Fourth Industrial Revolution - and there are many - it does not come without risks. Perhaps one of the greatest is that the changes will exacerbate inequalities. And as we all know, a more unequal world is a less stable one.
When it comes to storytelling, not taking risks is riskier than swinging for the fences. I have very simple ambitions when it comes to taking risks in storytelling and programming. I try very hard to avoid the expected.
The Federal Reserve has a responsibility to ensure the safety and soundness of financial institutions and to contain systemic risks in financial markets.
I've proven I'm courageous. I'm gutsier than anybody; I've got a better imagination than anybody; I'm essentially more creative than any other actor I know, and I've proven I take risks. I don't think I need to prove anything to myself any more.
Health care providers can follow guidelines for responsible painkiller prescribing and talk with their patients about the risks and benefits of taking prescription painkillers.
I really, really like Nicole Richie, and the only reason why I always bring her up is because I'm impressed with her style evolution. This is someone that came onto the scene that people didn't necessarily view as a style icon, and she completely switched up the game. And I like how she takes risks with fashion.
We run enormous risks and we know what kind of reductions of greenhouse gases are necessary to drastically reduce risks. Reducing emissions by half by 2050 is roughly in the right ballpark. It would bring us below 550 ppm.
Any country that grants asylum to Snowden risks retaliation from the United States, including diplomatic isolation and costly trade sanctions. Several don't seem to care.
Profitability, growth, and safeguards against existential risks are crucial to strengthening a company's long-term prospects. But if these three factors constitute a company's 'hard power,' firms also need 'soft power': public trust and acceptance, won by fulfilling a company's social responsibility.
We've got some real greedy hogs who own no interest in the company they're running, whose sole interest is in whatever it takes to be able to get to the point to fly out on their golden parachute and milk the shareholder and take risks that they shouldn't take.
Build an environment that empowers your team to take risks. Set metrics for what needs to be achieved and measure against them to track progress along the way. If targets aren't being met, challenge your team to reassess and come back with a new strategy. And create a culture where people are awarded for challenging the status quo.
There are no easy answers for the balance of how you protect the core business of the books with what the digital future will look like, but that would be our job with DC Comics, to figure that out and experiment and take some risks while always protecting the core business.
Having cancer empowered me to take more risks. I knew beating cancer was going to shape me, but it wasn't going to be all of me.
The Fourth Industrial Revolution does not just entail risks: it also brings solutions to humanitarian problems.
I feel that when you care about your music, taking risks is something you should do to keep things exciting.
Actors in general have become very spoiled in the roles they choose these days. When I first started in this profession - about a hundred years ago in the last century - it was all about taking risks, it was about doing the job and honing the craft.
We aren't afraid to take creative risks, which is the main ingredient in our recipe for change.
There are lots of risks, but without risks, there's no reward. I think the reward is bigger than the risk.
I constantly make fashion mistakes but I think it's good to take risks.
Italy remained attached to conservatism. It had a political class that lived in the past and didn't build the future. The past is our strength, but it risks becoming our ruin if we walk with our heads turned backwards.
I stepped out on faith to follow my lifelong dream of being an author. I made real sacrifices and took big risks. But living, it seems to me, is largely about risk.
A faction willing to take the risks of making war on the ossified status quo in the Middle East can be described as many things, but not as conservative.
I've always believed fitness is an entry point to help you build that happier, healthier life. When your health is strong, you're capable of taking risks. You'll feel more confident to ask for the promotion. You'll have more energy to be a better mom. You'll feel more deserving of love.
Documentary film without nuanced journalistic sourcing risks being sensational, tendentious or broad-brushed.
If someone is always to blame, if every time something goes wrong someone has to be punished, people quickly stop taking risks. Without risks, there can't be breakthroughs.
There are risks in the sheer brevity of Twitter, and it's actually quite an elegant art reducing what you have to say to 140 characters, and it's something that I quite enjoy attempting to do.