Quotes About Outcome

It was very successful, but it fell on the wrong planet.

Life would be a failure if it were not a success."

Madness is always having the same result doing something different.

The landing is more important than the flight.

Time will say nothing but I told you so. Time only knows the price we have to pay.

Like all the other things I'd agonized over, the process of making the decision took more time and energy—and was more painful and scary—than the result.

Sometimes it is best for men not to attempt to interfere with destiny. Our prayers can be answered in ways which we do not expect and do not welcome.

regression to the mean has an explanation but does not have a cause.

Imagine that we are a year into the future. We implemented the plan as it now exists. The outcome was a disaster. Please take 5 to 10 minutes to write a brief history of that disaster.

A recurrent theme of this book is that luck plays a large role in every story of success; it is almost always easy to identify a small change in the story that would have turned a remarkable achievement into a mediocre outcome. Our

A recurrent theme of this book is that luck plays a large role in every story of success; it is almost always easy to identify a small change in the story that would have turned a remarkable achievement into a mediocre outcome. Our story was no exception.

An impressive series of studies by Thomas Åstebro sheds light on what happens when optimists receive bad news.

Este pequeño ejemplo ilustra una gran historia: los seres humanos esperan tener reacciones emocionales más intensas (el arrepentimiento incluido) frente a un resultado producido por una acción que frente al mismo resultado producido por la inacción.

people expect to have stronger emotional reactions (including regret) to an outcome that is produced by action than to the same outcome when it is produced by inaction.

assign a larger role to talent, stupidity, and intentions than to luck; and focus on a few striking events that happened rather than on the countless events that failed

The premise of the session is a short speech: "Imagine that we are a year into the future. We implemented the plan as it now exists. The outcome was a disaster. Please take 5 to 10 minutes to write a brief history of that disaster.

people expect to have stronger emotional reactions (including regret) to an outcome that is produced by action than to the same outcome when it is produced by inaction. This

Let's not fall for the outcome bias. This was a stupid decision even though it worked out well.

Hindsight bias has pernicious effects on the evaluations of decision makers. It leads observers to assess the quality of a decision not by whether the process was sound but by whether its outcome was good or bad.

A recurrent theme of this book is that luck plays a large role in every story of success; it is almost always easy to identify a small change in the story that would have turned a remarkable achievement into a mediocre outcome.

She has no evidence for saying that the firm is badly managed. All she knows is that its stock has gone down. This is an outcome bias, part hindsight and part halo effect." "Let's not fall for the outcome bias. This was a stupid decision even though it worked out well.

skill is much more difficult to acquire by sheer experience because of the long delay between actions and their noticeable outcomes. Whether professionals have a chance to develop intuitive expertise depends essentially on the quality and speed of feedback, as well as on sufficient opportunity to practice.

I smiled and said nothing. But I thought, "Well, I took it away from you this morning. If your success was due mostly to chance, how much credit are you entitled to take for it?

Hindsight is especially unkind to decision makers who act as agents for others—physicians, financial advisers, third-base coaches, CEOs, social workers, diplomats, politicians. We are prone to blame decision makers for good decisions that worked out badly and to give them too little credit for successful moves that appear obvious only after the fact. There is a clear outcome bias. When