The essence of risk management lies in maximizing the area where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome and the linkage between effect and cause is hidden from us. | |
— Peter L. Bernstein | |
From his book: “Against The Gods“ | |
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On This Day In: | |
2022 | I Learn Something New |
2021 | I’m Retired, I Always Have Time For It! |
Just Mice Elf | |
That Was A Shot In The Arm | |
2020 | Decide, Support, Vote |
2019 | Aware Some |
2018 | Know Any Christians? |
2017 | The Only Thing I Can Give… |
2016 | Wiser But Less Cocksure |
2015 | Not Today |
Wicked | |
2014 | …Am Too |
2013 | Credible? |
2012 | Both |
2011 | Risking Hidden Linkage |
Archive for February 19th, 2011
Risking Hidden Linkage
Posted in Quotes, Reading, Science and Learning, tagged Against The Gods, Control, Linkage, Peter L. Bernstein, Quotes, Risk Management on February 19, 2011| Leave a Comment »