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Another nice quote I came across only recently:

"All of life is the management of risk, not its elimination."
Walter Wriston, former chairman of Citicorp

HedgeFundGuy meinte am 14. Oct, 19:22:
of course, Wriston almost bankrupted his company lending to countries on the theory that countries couldn't default, because they could always raise taxes. Then came Mexico and the rest. 
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