Value At Risk Quotes & Sayings

My children to enjoy life, to value themselves, to be risk takers, to become self-reliant, to be free from stress and anxiety, to have peaceful lives, to celebrate their present moments, to experience a lifetime of wellness, to — Wayne W. Dyer

While it might seem that anyone can be a value investor, the essential characteristics of this type of investor-patience, discipline, and risk aversion-may well be genetically determined. — Seth Klarman

The Standish Group is an Information Technology organization that assesses risk, cost, return, and value of software projects. Since 1994, they have published the Chaos report that studies software failures and successes. The latest Chaos report recommends agile processes as one of the ten project success factors. (The Standish Group International Inc. 2012) — Gloria J. Miller

Customers are wrestling with mission-critical decisions, evaluating solutions that all sound the same, and struggling to achieve the value they expect, when experience has shown them that far too many solutions come packaged with a high degree of risk and a low probability of success. — Jeff Thull

Value investing is risk aversion. — Seth Klarman

Over and over we lose this sense of feeling we are wholly in our skins by means already named as well as through extended duress. Those who toil too long without respite are also at risk. The soulskin vanishes when we are not paying attention to what we are really doing and particularly the cost to us."
"We lose the soulskin by becoming too involved with ego, by being too exacting, perfectionistic, or unnecessarily martyred, or driven by a blind ambition, or by being dissatisfied - about self, family, community, culture, world - and not saying or doing anything about it, or by pretending we are an ending source for others, or by not doing all we can to help ourselves. Oh, there are as many ways to lose the soul skin as there are women in the world."
"The only way to hold on to this sensual soulskin is to retain an exquisitely pristine consciousness about its value and uses. — Clarissa Pinkola Estes

My philosophy, one of the biggest enemies of future success is past success, because you become complacent, you become risk averse, and that's one of the things we try to drive here, and this is fundamental to this philosophy, and that's in this component change, and also in value creation. That we need to drive creative destruction, not just incremental innovations, but innovations that will change the whole nature of the business. — Charles Koch

Researchers have discovered that adolescents do not walk around with a defect that prevents them from properly assessing risk. B. J. Casey, a neuroscientist at Weill Medical College of Cornell University, notes that it's just the opposite: adolescents overestimate risk, at least when it comes to situations involving their own mortality. The real problem is that they assign a greater value to the reward they will get from taking that risk than adults do. It turns out that dopamine, the hormone that signals pleasure, is never so explosively active in human beings as it is during puberty. Never over the course of our lives will we feel anything quite so intensely, or quite so exultantly, again. — Jennifer Senior

We've greatly exaggerated the risk of sinking, without celebrating the value of swimming. — Seth Godin

Come now and let us go and risk our lives unnecessarily. For if they have got any value at all it is this that they gave got none. Frei lebt wer sterben kann. — Karen Blixen

We are risk averse by nature - but the only way you can reach your full potential is by taking chances. Understand that you are capable of far more than you've achieved, believe that you have something of value to share with the world, and take care to step outside of your comfort zone and into your greatness. Your courage will inspire others to do the same. — Les Brown

Reducing risk, which is the primary mission of testing, clearly creates economic value for product developers. In fact, reducing risk is so centrally important to product development that it is indispensable for us to quantify its economic impact. — Donald G. Reinertsen

Love in truth-caritas in veritate-is a great challenge for the Church in a world that is becoming progressively and pervasively globalized. The risk for our time is that the de facto interdependence of people and nations is not matched by ethical interaction of consciences and minds that would give rise to truly human development. Only in charity, illumined by the light of reason and faith, is it possible to pursue development goals that possess a more humane and humanizing value. — Pope Benedict XVI

She begins to feel that the reality show is the university she never attended. Vicarious reality. Emotion without a value-added tax. Movement without danger. Alma finds her reality. She no longer has a reason to put herself at risk and go out into the hostile, degrading world. — Carlos Fuentes

These senior claims were supposed to be very low-risk; after all, how likely was it that a large number of people would default on their mortgages at the same time? The answer, of course, is that it was quite likely in an environment where homes were worth 30, 40, 50 percent less than the borrowers originally paid for them. So a lot of supposedly safe assets, assets that had been rated AAA by Standard & Poor's or Moody's, ended up becoming "toxic waste", worth only a fraction of their face value. — Paul Krugman

What you risk reveals what you value. — Jeanette Winterson

Remember that the interest is paid on the face value of the bond, so if you can buy a 5 per cent bond at just 10 per cent of its face value you can earn a handsome yield of 50 per cent. In essence, you expect a return proportional to the risk you are prepared to take. — Niall Ferguson

The separation of church and state can sometimes be frustrating for women and men of religious faith. They may be tempted to misuse government in order to impose a value which they cannot persuade others to accept. But once we succumb to that temptation, we step onto a slippery slope where everyone's freedom is at risk. — Edward Kennedy

Thoughtfully assessing and addressing enterprise risk and placing a high value on corporate transparency can protect the one thing we cannot afford to lose: trust. — Dale E. Jones

Know what you value, be willing to take a risk, and lead from the heart - lead from what you believe in. — Alan Keith

To live differently, to love differently, to think differently, or to try to. Is the danger of beauty so great that it is better to live without it (the standard model)? Or to fall into her arms fire to fire? There is no discovery without risk and what you risk reveals what you value. Inside the horror of Nagasaki and Hiroshima lies the beauty of Einstein's E=MC squared — Jeanette Winterson

Most people have come to prefer certain of lifes experiences and deny and reject others, unaware of the value of the hidden things that may come wrapped in plain and even ugly paper. In avoiding all pain and seeking comfort at all costs, we may be left without intimacy or compassion; in rejecting change and risk we often cheat ourselves of the quest; in denying our suffering we may never know our strength or our greatness — Rachel Naomi Remen

While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment results, limit risk, and resist crowd psychology. — Seth Klarman

Sammy could not have known that one day he would come to regard all the things that their loving each other had seemed to put at so much risk
his career in comic books, his relations with his family, his place in the world
as the walls of a prison, an airless, lightless keep from which there was no hope of escape. Sammy had long since ceased to value the security that he had once been so reluctant to imperil. — Michael Chabon

If you're about to take a risk
one that comes from within, one that expresses your true nature, that brings up fear after fear after fear
you know what to do. One: do the work, create the value. Two: draw the people that encourage you closer. They're the only ones that matter. — Kamal Ravikant

As value investors, our business is to buy bargains that financial market theory says do not exist. We've delivered great returns to our clients for a quarter century-a dollar invested at inception in our largest fund is now worth over 94 dollars, a 20% net compound return. We have achieved this not by incurring high risk as financial theory would suggest, but by deliberately avoiding or hedging the risks that we identified. — Seth Klarman

If we ban whatever offends any group in our diverse society, we will soon have no art, no culture, no humor, no satire. Satire is by its nature offensive. So is much art and political discourse. The value of these expressions far outweighs their risk. — Erica Jong

The Muslim women that I have met are super-powerful and amazing and smart and they are, they're not allowing themselves to be held back by the laws that exist. And you know, the Internet exists now, and mobile phones are freeing up stuff. I have a really good friend who's from Iran and a really good friend who's from Kuwait, and they talk about getting music on the black market and how that's such an intense, amazing experience. And how they value the music so much more, because it's such a risk to own it. — Larkin Grimm

The greater the potential for reward in the value portfolio, the less risk there is. — Warren Buffett

Icelandic people are inbred. And they have a sense of themselves as genetically special, and a history of risk-taking because they make their living on the high seas fishing. Assets generally rose in value during this period, and so it looked like they actually knew what they were doing. — Michael Lewis

A large body of psychological research tells us something that many of us already know: girls and women place a lot of importance on their closest relationships. Our parents, relatives, romantic partners and spouses, children, and friends are central to our lives. We value our relationships with these people immensely, and we feel good about ourselves when we are able to create relationships with them that are warm, intimate, and loving. Our need to do so is healthy and adaptive. When our most intimate relationships are good, they protect us from becoming depressed. But when they are riddled with conflict and emotional insecurity, they actually increase our risk for depression. — Valerie E. Whiffen

A 99% Value-at-Risk calculation does not evaluate what happens in the last one percent ... This is like an airbag that works all the time, except when you have a car accident. — David Einhorn

The language of worldview tends to imply, to paraphrase the Catholic writer Richard Rohr, that we can think ourselves into new ways of behaving. But that is not the way culture works. Culture helps us behave ourselves into new ways of thinking. The risk in thinking 'worldviewishly' is that we will start to think that the best way to change culture is to analyze it. We will start worldview academies, host worldview seminars, write worldview books. These may have some real value if they help us understand the horizons that our culture shapes, but they cannot substitute for the creation of real cultural goods. And they will subtly tend to produce philosophers rather than plumbers, abstract thinkers instead of artists and artisans. They can create a cultural niche in which 'worldview thinkers' are privileged while other kinds of culture makers are shunted aside. But culture is not changed simply by thinking. — Andy Crouch

Women have to be very vigilant, and demand the very best in public schools, health care and pay, those things that men and women of this state value are at risk. — Bev Perdue

I've heard people say that once you're an adult, you don't change. I don't believe that. I think we all have the capacity to change; we just have to want to do it. It's developing the want that is difficult. We become so stuck in our routines, so comfortable, so unwilling to take risk - we just don't see the value in change. Either that or we're just plain uncomfortable with what the change might offer. — Scott Hildreth

The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns. — Ronald Reagan

...if I do not take my intellectual vocation seriously, putting it before everything else even at the risk of appearing inhuman, then I am also incapable of helping people in more concrete and proximate ways. Conversely, if I am not alert and ready to save people from a conflagration, that is to say, if I do not take my spiritual calling in all earnestness, sacrificing to it all else, even my own life, then I shall be unable to help in rescuing the manuscript. If I do not involve myself in the concrete issues of my time, and if I do not open my house to all the winds of the world, then anything I produce from an ivory tower will be barren and cursed. Yet if I do not shut doors and windows in order to concentrate on this work, then I will not be able to offer anything of value to my neighbors. — Raimon Panikkar

We can't underestimate the value of silence. We need to create ourselves, need to spend time alone. If you don't, you risk not knowing yourself and not realizing your dreams. — Jewel

If you pay a child a dollar to read a book, as some schools have tried, you not only create an expectation that reading makes you money, you also run the risk of depriving the child for ever of the value of it. Markets are not innocent. — Michael Sandel

I'm not going to pretend to know what's going on with you," he says. "But if you senselessly risk your life again
"
"I am not senselessly risking my life. I am trying to make sacrifices, like my parents would have, like
"
"You are not your parents You are a sixteen-year-old girl
"
I grit my teeth. "How dare you
"
"
who doesn't understand that the value of a sacrifice lies in its necessity, not in throwing your life away! And if you do that again, you and I are done. — Veronica Roth

We risk losing what nature is if we couch its value in human terms. — Richard Black

Most people overestimate risk, failure and danger and underestimate the value of being curious. — Deepak Chopra

The industrialist (your boss, perhaps) demands that everything be proven, efficient, and risk free. The artist seeks none of these. The value of art is in your willingness to stare down the risk and to embrace the void of possible failure. — Seth Godin

When writing these tests it's obvious and clear where "duplication" lies and how "common" pieces can be pulled into helper methods. Unfortunately, each time we extract a method we risk complicating our tiny universes. The right abstractions can reduce complexity; however, it's often unclear which abstraction within a test will provide the most value to the team. — Anonymous

The search for the symbolic value of phonemes, each taken as a whole, runs the risk of giving rise to ambiguous and trivial interpretations because phonemes are complex entities, bundles of different distinctive features. — Roman Jakobson

I know that previously I would not have dared to express myself so explicitly about so uncertain a matter. I can take this risk because I am now in my eighth decade, and the changing opinions of men scarcely impress me any more; the thoughts of the old masters are of greater value to me than the philosophical prejudices of the Western mind. — Carl Jung

Money is the reward for risks taken, value delivered and promises kept. — Robin Sharma

Action learning particularly obliges subjects to become aware of their own value systems, by demanding that the real problems tackled carry some risk of personal failure. — Reg Revans

It is at the precise moment that I take something for granted that I have placed myself in the precarious position of losing that very thing. And if that thing I risk losing is liberty, taking it for granted is foolishness of the most foolish sort. — Craig D. Lounsbrough

Rip Van Winkle would be the ideal stock market investor: Rip could invest in the market before his nap and when he woke up 20 years later, he'd be happy. He would have been asleep through all the ups and downs in between. But few investors resemble Mr. Van Winkle. The more often an investor counts his money - or looks at the value of his mutual funds in the newspaper - the lower his risk tolerance. — Richard Thaler

The human mind has a tendency to observe unsystematic events and assign a pattern to the results. A habitual risk-taker reorganizes the stream of random events and retrospectively attributes the outcome of indiscriminate trials to their own gambling "strategies." We often hear people say that they are lucky or unlucky, when in actuality they can claim no ownership in the occurrence of chaotic outcomes. A false sense of the existence of luck can cause people to discount the value of their actual effort, skill, and training. — Kilroy J. Oldster

RelayRides and WhipCar, AirBnB, Roomorama and One Fine Stay are all stellar examples of how new, access-based offers entice and provoke insurance companies and banks to re-think risk, value, customers and deal terms. — Lisa Gansky

The value of taking risks through all stages of life is constant ... it's the excuses that change. — Rik Leaf

Quitting my day job and starting my life as a writer was a tremendous risk. It was a fool's leap, a shot in the dark. But anything of any value in our lives, whether that be a career, a work of art, a relationship, will always start with such a leap. And in order to be able to make it you have to put aside the fear of failing and the desire of succeeding. ( ... ) Because things that we do without lust of result are the purest actions that we shall ever take. — Alan Moore

Any rash fool can be a hero if he sets no value on his life, or hasn't the wit to appreciate danger. But to understand the risk, perhaps even to flinch at first, but then to summon the strength to face them down - that in my opinion is the most commendable form of valour — Robert Harris

You are addressed by the way you dress. Your attire reflects your sense of value or taste and of course, your speech either makes or mars you. — Jaachynma N.E. Agu

At XL, we tackle risk like no one else, analyzing deeper and listening closely to our clients to create solutions that unleash the world's capacity to advance. By helping our clients unlock their full potential, we fulfill our own. Our new brand demonstrates this unique outlook and the commitment and value we bring to clients. — Mike McGavick

To be a critical reader means for me: (1) to affirm the enduring power of the Bible in my culture and in my own life and yet (2) to remain open enough to dare to ask any question and to risk any critical judgement. Nothing less than both of these points, together, can suffice for me. I was a reader of the Bible before I was a critic of it, but I found becoming a critic to be liberating and satisfying, and therefore I judge criticism to be a high calling of inestimable value. Yet, I recognize the prior claim of the text and the preeminence of reading over criticism; accordingly, I see and occasionally am apprehended by moments in which the text wields its indubitable power. The critic's ego says this could be a taste of the cherished post-critical naivete; the reader's proper humility before the text says that a reader should not judge such things. — Robert M. Fowler

Many people in this world do jobs that are dangerous and where their life is at risk and they feel that there is some kind of value to their job I guess that's how I feel about what I do. There is a social function to documentary photography that is very important and it requires people to take risks. — James Nachtwey

Risk models only have value if they are used effectively in combination with a limit management and control process. — Jawwad Farid

No science and no analysis of the future consequences of various actions taken today can in itself tell us what to do. We need, in addition, to factor in what kind of future we value, and to what extent we care at all about the future compared to more immediate concerns here and now. The later aspect is usually modeled and economics by the so-called discount rate, which has played a prominent role in discussions of climate change on a decadal and centennial time scale, but hardly at all in the context of longer perspectives or the various radical technologies[.] We are less used to thinking about ethical issues on long time scales, so our intuitions trying to fail us and lead to paradoxes. These issues need to be resolved, because dodging the bullet would in my opinion be unacceptably irresponsible. — Olle Haggstrom

There are two specific objections to use of psychedelic drugs.First,use of these drugs may be dangerous.Howev er,every worth-while exploration is dangerous-climb ing mountains,testi ng aircraft,rocket ing into outer space,or collecting botanical specimens in jungles.But if you value knowledge & the actual delight of exploration more than mere duration of uneventful life,you are willing to take the risks. — Alan Watts

The crisis in higher education is not only the risk of indoctrination through the vagaries of pluralism, tolerance, and diversity but also the fact that "value-neutral" socialization and radical sexual indoctrination are robbing many young Americans of their future, their competitiveness, and their cultural inheritance. Leftist — Jim Nelson Black

Thievery was the most authentic form of flattery. What could be more satisfying than knowing the things you possessed were intriguing, captivating, or valuable enough to provoke another man to risk everything to obtain them? This was Kelsier's purpose in life, to remind people of the value of the things they loved. By taking them away. — Brandon Sanderson

The bizarre trend in mountaineers is not the risk they take, but the large degree to which they value life. They are not crazy because they don't dare, they're crazy because they do. These people tend to enjoy life to the fullest, laugh the hardest, travel the most, and work the least. — Lisa Morgan

Those who don't love themselves as they are rarely love life as it is either. Most people have come to prefer certain of life's experiences and deny and reject others, unaware of the value of the hidden things that may come wrapped in plain or even ugly paper. In avoiding all pain and seeking comfort at all cost, we may be left without intimacy or compassion; in rejecting change and risk we often cheat ourselves of the quest; in denying our suffering we may never know our strength or our greatness. Or even that the love we have been given can be trusted. It is natural, even instinctive to prefer comfort to pain, the familiar to the unknown. But sometimes our instincts are not wise. Life usually offers us far more than our biases and preferences will allow us to have. Beyond comfort lie grace, mystery, and adventure. We may need to let go of our beliefs and ideas about life in order to have life. — Rachel Naomi Remen

You cannot manage risk, or for that matter, build a risk management capability without first understanding the "business value of risk management. — Pearl Zhu

In contrast to the speculators preoccupation with rapid gain, value investors demonstrate their risk aversion by striving to avoid loss. — Seth Klarman

We must face the fact that society is founded on intolerance. [ ... ] We may prate of toleration as we will; but society must always draw a line somewhere between allowable conduct and insanity or crime, in spite of the risk of mistaking sages for lunatics and saviours for blasphemers. We must persecute, even to the death; and all we can do to mitigate the danger of persecution is, first, to be very careful what we persecute, and second, to bear in mind that unless there is a large liberty to shock conventional people, and a well informed sense of the value of originality, individuality, and eccentricity, the result will be apparent stagnation covering a repression of evolutionary forces which will eventually explode with extravagant and probably destructive violence. — George Bernard Shaw

The decision to grow always involves a choice between risk and comfort. This means that to be a follower of Jesus, you must renounce comfort as the ultimate value of your life. — John Ortberg

Life is short, and that's why, I don't test people; because we all fail tests sometimes, but that is supposed to be okay! I don't play games with people; because people aren't toys. And I don't risk what I don't want to lose; because if I do lose it, it's definitely my loss and not theirs! How short is life, you ask me. Well, life is as short as one drop in eternity. I swim in a single drop in this basin of eternal waters, and after that drop evaporates, it's gone! But then you could argue that if life is just a drop, then why even bother? Well, yes it is a drop, but it's a meaningful drop, an unforgettable drop, and a beautiful one! It's so unforgettable, that when you come back again, if you choose to, you will remember it in your dreams at night! So you see, I don't test people, I don't play games, and I don't risk who and what I don't want to lose. — C. JoyBell C.

The first step is to measure whatever can easily be measured. This is OK as far as it goes. The second step is to disregard that which can't be easily measured or to give it an arbitrary quantitative value. This is artificial and misleading. The third step is to presume that what can't be measured easily really isn't important. This is blindness. The fourth step is to say that what can't be easily measured really doesn't exist. This is suicide. — Charles Handy

The [Value at Risk model] was like a faulty speedometer, which is arguably worse than no speedometer at all. If you place too much faith in the broken speedometer, you will be oblivious to other signs that your speed is unsafe. In contrast, if there is no speedometer at all, you have no choice but to look around for clues as to how fast you are really going. — Charles Wheelan

The mass is all which sets no value on itself--good or ill--based on specific grounds, but which feels itself "just like everything" ... The mass crushes beneath it everything which is different, everything that is excellent, individual, qualified and select. Anybody who is not like everybody, who does not think like everybody, runs the risk of being eliminated. — Jose Ortega Y Gasset