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.
Showing posts with label wisdom. Show all posts
Showing posts with label wisdom. Show all posts
Tuesday, June 1, 2010
Bad outcome does not mean a bad decision has been made.
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