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Originally Posted by m113apc
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Sometimes I will take ill advised risks, other times caution is the order of the day; but is was probably an American who insightfully said: "no guts, no glory"!
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It was Sir Francis Drake who said "No guts no glory".
You triggered my curiosity, so I googled it.
Link on quote.
Sir Francis Drake 1540–1595.
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I'm not convinced that "wiki.answers" is a credible source. However, "no guts no glory" does have a certain Shakespearian feel about it. Shakespeare and Drake lived in England at the same time.
I found a source that says a Major in the USAF 'popularised' the quote in WWII.
http://www.taphilo.com/history/quotes.shtml