Relative Risk Aversion

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

    And since the average lifetime—the relative longevity—is far greater for memories of poetic sensations than for those of heartbreaks, since the very long time that the grief I felt then because of Gilbert, it has been outlived by the pleasure I feel, whenever I wish to read, as in a sort of sundial, the minutes between twelve fifteen and one o’clock, in the month of May, upon remembering myself chatting ... with Madame Swann under the reflection of a cradle of wisteria.
    Marcel Proust (1871–1922)

    If the only new thing we have to offer is an improved version of the past, then today can only be inferior to yesterday. Hypnotised by images of the past, we risk losing all capacity for creative change.
    Robert Hewison (b. 1943)

    Our aversion to lying is commonly a secret ambition to make what we say considerable, and have every word received with a religious respect.
    François, Duc De La Rochefoucauld (1613–1680)