Harry Markowitz Quotes
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.
Quotes to Explore
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We have a structural problem because you can simultaneously understand the medium to long-term risks of climate change and also come to the conclusion that it is in your short-term economic interest to invest in oil and gas. Which is why, you know, anybody who tells you that the market is going to fix this on its own is lying to you.
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I'm just a regular girl who likes to go snowboarding and picks her nose like anybody else. I just like to drive into things and take risks.
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When you take risks and things don't go your way, you can be heavily criticised by the media.
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I would definitely trade clothes with Lucy Hale. Her fashion sense is right on point, and I feel like she's never afraid to take risks with her clothes.
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In a world with weak aggregate demand, countries are engaging in a futile competition for a greater share of it. In the process, they are creating financial-sector and cross-border risks that will become increasingly apparent as countries exit their unconventional policies.
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That's how you live. You participate. You take risks.
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The big businesses are less willing to take risks. I talked to some young people in Hong Kong, and they said they are lost. Young people indeed have fewer opportunities than before. But is it true that there are no more opportunities for them? No!
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America traditionally represents the greatest possibility of someone's going from nothing to something. Why? In theory, if not practice, the government stays out of the way and lets individuals take risks and reap rewards or accept the consequences of failure. We call this capitalism - or, at least, we used to.
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Textbook survival tells you to stay put. Stop. Wait for rescue. Don't take any risks. But there'd been a whole host of survival shows like that and I didn't really want to do that.
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I like to surprise people. I try to take risks.
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The social risks that worry us are not a random bundle of frights.
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I definitely think independent film is very exciting, and you get to sometimes take bigger risks. So that's always a challenge and something that I look forward to.
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Most estimates of the mortality risk posed by asteroid impacts put it at about the same risk as flying in a commercial airliner. However, you have to remember that this is like the entire human race riding the plane - it is one of the few risks that really could wipe us all out.
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You've got to keep taking certain risks, because my priority is in acting, it's not in movie stardom.
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Poetry is the experience of liberty. The poet risks himself, chances all on the poem's all with each verse he writes.
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I admire James Franco. I admire somebody like Jack Nicholson. Anyone who just does movies for the sake of making movies and takes big risks.
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I take big risks, but I'm not reckless about it.
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Show me a Scorsese film, and I'll show you a movie where he's taken risks. It's just his nature. He's an artist, and artists take risks. He always does what he believes in.
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Taking sartorial risks and not following other people is what makes you stand out.
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The ACE study group concluded: “Although widely understood to be harmful to health, each adaptation such as smoking, drinking, drugs, obesity is notably difficult to give up. Little consideration is given to the possibility that many long-term health risks might also be personally beneficial in the short term. We repeatedly hear from patients of the benefits of these ‘health risks.’ The idea of the problem being a solution, while understandably disturbing to many, is certainly in keeping with the fact that opposing forces routinely coexist in biological systems. . . . What one sees, the presenting problem, is often only the marker for the real problem, which lies buried in time, concealed by patient shame, secrecy and sometimes amnesia—and frequently clinician discomfort.
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To focus on technique is like cramming your way through school. You sometimes get by, perhaps even get good grades, but if you don't pay the price day in and day out, you'll never achieve true mastery of the subjects you study or develop an educated mind.
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The world is full of things that upset people. But most of us deal with it and move on and don't try and burn the planet down.
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You have to know when to be arrogant. You have to when to be humble. You have to know when to be hard and you have to know when to be soft.
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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.
