Tuesday, June 1, 2010

Bad outcome does not mean a bad decision has been made.

Bad outcome does not mean a bad decision has been made.
I saw this quote in an accounting textbook. Of all places. But I think it sums up pretty nicely what it means to live in a world that is ruled by probabilities. Too often I see people analyze various failed ventures trying to identify the mistakes. It's quite possible that no mistakes were made; maybe everything has already been done to maximize the chances of success but sometimes the odds just line up against you.

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