Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take risk. In reality entrepreneurs do everything they can to minimize risk. They are not interested in taking risk. They want free lunches and they go after free lunches. (Mohnish Pabrai)

Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take risk. In reality entrepreneurs do everything they can to minimize risk. They are not interested in taking risk. They want free lunches and they go after free lunches.

Mohnish Pabrai

Related topics

everything free misnomer people reality risk study take taking think

Related quotes

History, I believe, furnishes no example of a priest-ridden people maintaining a free civil government. This marks the lowest grade of ignorance of which their civil as well as religious leaders will always avail themselves for their own purposes Letter to von Humboldt, 1813.
Thomas Jefferson
Pick up a camera. Shoot something. No matter how small, no matter how cheesy, no matter whether your friends and your sister star in it. Put your name on it as director. Now you're a director. Everything after that you're just negotiating your budget and your fee.
James Cameron (director)
The conscience of the world is so guilty that it always assumes that people who investigate heresies must be heretics; just as if a doctor who studies leprosy must be a leper. Indeed, it is only recently that science has been allowed to study anything without reproach.
Aleister Crowley
I think there's a time to work, and everyone has to kind of adjust. And then there's a time to relax, and be the mom or take the kids on vacation when you need to wind down. So it's a matter of planning, and being able to map out your year or your week or let's start with the day. It is just being multi-tasking and being available.
Vanessa L. Williams
The wit makes fun of other persons; the satirist makes fun of the world; the humorist makes fun of himself, but in so doing, he identifies himself with people - that is, people everywhere, not for the purpose of taking them apart, but simply revealing their true nature.
James Thurber