Josef Ackermann Quotes

Not taking a risk is a risk. That's how I see it.

'Why risk?' I responded. 'It should be, why not to risk?'

Between calculated risk and reckless decision-making lies the dividing line between profit and loss.

In business, you try to minimise risk.

When I take a risk, I like it to be a calculated risk, meaning I make it as small as possible.

Great interests demand great safeguards.

The concept of insurance is not to share risk but to avoid risk.

There is no elimination of all risks.

None of us live in a zero-risk world.

People need to take a little bit more risk.

I'm generally risk averse, and most great entrepreneurs I know are as well.

Risk taking in business is one thing. Risk taking in your personal safety is a different thing.

Take calculated risks and limit your downside.

However much risk we are taking, we can and probably should take more.

I don't believe in taking unnecessary risks, but a life without risk isn't worth living.

Everything involves a risk. No risk, no reward.

If you want the most reward you have to take the most risk.

One doesn't accept bad challenges. Part of it is always the risk-taking without seeing that the risks are rational and the rewards are commensurate.. are more than commensurate.. with the risks.

I'm a risk manager, but I'm also a risk taker.

By definition, risk-takers often fail. So do morons. In practice it's difficult to sort them out.

There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.

It's important to take risks.

The biggest risk is not taking any risk.

Every business and every product has risks. You can't get around it.

All business proceeds on beliefs, or judgments of probabilities, and not on certainties.