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Peter L. Bernstein Quotes: The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome.
         

The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome.


Peter L. Bernstein
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Other quotes of Peter L. Bernstein


What if I am wrong? Any rational investment plan has to start with that question.

What if I am wrong? Any rational investment plan has to start with that question.



The Gods are unkind and deny us knowledge of what the future holds

The Gods are unkind and deny us knowledge of what the future holds



The prospect of getting rich is highly motivating, and few people get rich without taking a gamble.

The prospect of getting rich is highly motivating, and few people get rich without taking a gamble.



Gambling has held human beings in thrall for millennia. It has been engaged in everywhere, from the dregs of society to the most respectable circles.

Gambling has held human beings in thrall for millennia. It has been engaged in everywhere, from the dregs of society to the most respectable circles.





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This page presents the quote "The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome.". Author of this quote is Peter L. Bernstein. This quote is about areas, risk management, essence, risk, lying, minimizing, maximizing,.