Relative Risk Aversion

Famous quotes containing the words relative, risk and/or aversion:

    Excellence or virtue is a settled disposition of the mind that determines our choice of actions and emotions and consists essentially in observing the mean relative to us ... a mean between two vices, that which depends on excess and that which depends on defect.
    Aristotle (384–323 B.C.)

    Any time you take a chance you better be sure the rewards are worth the risk because they can put you away just as fast for a ten dollar heist as they can for a million dollar job.
    Stanley Kubrick (b. 1928)

    When in a serious mood, it seems to me that those people are illogical who feel an aversion toward death. As far as I can see, life consists exclusively of horrors, unpleasantnesses and banalities, now merging, now alternating.
    Anton Pavlovich Chekhov (1860–1904)