Risk Appetite - Main Areas of Risk Appetite

Main Areas of Risk Appetite

In literature there are six main areas of risk appetite:

  1. financial
  2. health
  3. recreational
  4. ethical
  5. social
  6. information

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Famous quotes containing the words main, areas, risk and/or appetite:

    If the main timbers in the house are not straight, the smaller timbers will be unsafe; and if the smaller timbers are not straight, the house will fall.
    Chinese proverb.

    The ambiguous, gray areas of authority and responsibility between parents and teachers exacerbate the distrust between them. The distrust is further complicated by the fact that it is rarely articulated, but usually remains smoldering and silent.
    Sara Lawrence Lightfoot (20th century)

    We saw the risk we took in doing good,
    But dared not spare to do the best we could
    Though harm should come of it
    Robert Frost (1874–1963)

    Virtues are not emotions. Emotions are movements of appetite, virtues dispositions of appetite towards movement. Moreover emotions can be good or bad, reasonable or unreasonable; whereas virtues dispose us only to good. Emotions arise in the appetite and are brought into conformity with reason; virtues are effects of reason achieving themselves in reasonable movements of the appetites. Balanced emotions are virtue’s effect, not its substance.
    Thomas Aquinas (c. 1225–1274)