Georgette Mosbacher Quotes

Take calculated risks.

I compensate for big risks by always doing my homework and being well-prepared. I can take on larger risks by reducing the overall risk.

You have to take calculated risks in life.

You take an educated gamble. If you don't occasionally make a mistake, you're not doing your job.

I talk a lot about taking risks, and then I follow that up very quickly by saying, 'Take prudent risks.'

I think there's a difference between a gamble and a calculated risk.

Father was bold, and Mother was cautious. They never shouted at each other but argued constantly about strategy, and they taught me very early that before taking big risks, one must carefully figure the odds.

I wanted to do a lot of things in wine, but I didn't know how to do it. So before I invested in anything, before I really put my dollars into it, I put my whole heart, soul, mind into it so that I really understand the severity of each outcome, the severity of success and the severity of failure.

You need to be uncomfortable and apprehensive: True strategy is about placing bets and making hard choices. The objective is not to eliminate risk but to increase the odds of success.

There is nothing more dangerous than to leap a chasm in two jumps.

I'm not insane, sir. I have a finely calibrated sense of acceptable risk.

As an adventurer...I try to protect against the downside. I make sure I have covered as many eventualities as I can. In the end, you have to take calculated risks; otherwise you're going to sit in mothballs all day and do nothing.

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

I think we should follow a simple rule: if we can take the worst, take the risk.

It's a very wise thing for people to rationally sit down and look at what the risks are not only on a daily basis, on a weekly basis, on a monthly basis, on a yearly basis, on a lifetime basis, and then plan one's life accordingly.

Never risk your reputation on a single shot, for if you miss the loss is irreparable.

No matter what your decisions are, no matter what your votes are, if you're not playing by the rules, you're taking a big risk.

If you talk about preemption you better know things rather than think things.

Thoughtless risks are destructive, of course, but perhaps even more wasteful is thoughtless caution which prompts inaction and promotes failure to seize opportunity.

Courage is willingness to take the risk once you know the odds. Optimistic overconfidence means you are taking the risk because you don't know the odds. It's a big difference.

If you have something at risk, you think differently.

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

Take calculated risks. That is quite different from being rash.

I take big risks, but I'm not reckless about it.

I'm just a risk taker. I have gut instincts.