The researchers found that sitting was associated with a higher death risk after controlling for factors including age, gender, smoking status, physical activity, education, body mass index, as well as living in an urban or city environment.

FORBES: Why Sitting Increases Your Risk of Dying Sooner

So as Graham believed, risk is inescapable and intelligent investing requires both generating returns and controlling risk.

FORBES: This Dividend Machine Spits Out Cash Every Month Like Clockwork

Really successful companies that can build their risk-averse strategies on repeatable profitability are also strong sources of differentiation distinguished more by controlling risk than generating returns.

FORBES: This Dividend Machine Spits Out Cash Every Month Like Clockwork

And recognizing risk is an absolute prerequisite for controlling it.

FORBES: This Dividend Machine Spits Out Cash Every Month Like Clockwork

But the market is saying that they've learned a little about controlling bond inventories and margin risk.

FORBES: Market trends: The phantom recession

Those who consumed the least salt had a 56 percent higher risk of death from a heart attack or stroke compared with those who had the highest consumption, even after controlling for obesity, cholesterol, smoking, diabetes, and other risk factors.

CNN: Huh? Low-salt diet ups risk of fatal heart attack?

After controlling for other factors which might influence heart disease risk, they found that high levels of distress at age seven were associated with a 31% increased risk of cardiovascular disease in middle-aged women.

BBC: Unhappy childhood linked to heart risk in later life

One of the keys to controlling the business impact of security breaches is to manage risk.

FORBES: Security In A World Of Instant-On Computing