Hope is a shitty hedge

Multiple Quotees

Lot’s of people have made this quote, It seems to have stemmed from a trader on Wall Street.
I saw it on at the end of episode one of The Secrets of Silicon Valley on BBC2.

It means that you shouldn’t rely on hope. Hope is not a strategy.

https://www.bbc.co.uk/programmes/b0916ghq
https://www.barrypopik.com/index.php/new_york_city/entry/hope_is_a_lousy_hedge_hope_is_a_poor_hedge

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