Quotes About Uncertainty

Man is extremely uncomfortable with uncertainty. To deal with his discomfort, man tends to create a false sense of security by substituting certainty for uncertainty. It becomes the herd instinct.

the herd instinct and crowd behavior arise out of our desire to replace uncertainty with certainty

The gambler isn't playing a game; he is just playing.

then speculating, and therefore having a plan, is the only way to deal with the uncertainty of the future in the markets. Given this definition, for the remainder of the book Speculator (capitalized) will be used to include investors, speculators, and traders, all of whom are Speculating.

Betting and gambling are suitable for discrete events but not for continuous processes. If you introduce the behavioral characteristics of betting or gambling into a continuous process, you are leaving yourself open to enormous losses.

On the other hand, a discrete event (e.g., a football game, roulette, blackjack, or other casino game) has a defined ending point, which is characteristic of external losses.

In a continuous process, the participant gets to continuously make and remake decisions that can affect how much money he makes or loses. On the other hand, a discrete event (e.g., a football game, roulette, blackjack, or other casino game) has a defined ending point, which is characteristic of external losses.

gambling creates risk while investing/speculating assumes and manages risk that already exists.

The worst thing one can do is not to try, to be aware of what one wants and not give in to it, to spend years in silent hurt wondering if something could have materialized--never knowing.

when you find yourself shouting, know that you have just told everyone listening that you are unsure of your beliefs.

One of the inescapable encumbrances of leading an interesting life is that there have to be moments when you almost lose it.

Indecision may or may not be my problem.

Where it all ends I can't fathom, my friends. If I knew, I might toss out my anchor.

Failure is a reality; we all fail at times, and it's painful when we do. But it's better to fail while striving for something wonderful, challenging, adventurous, and uncertain than to say, " I don't want to try because I may not succeed completely.

God always answers prayers. Sometimes it's "yes." Sometimes the answer is "no." Sometimes it's "you gotta be kidding.

The way everything seems to be working out right now, I wouldn't be surprised if I ended up dead before the night is over.

Mothers are only human, you turn it over to God and then you just wing it.

I stretch my fingers across my belly and glide my hand back and forth, waving softly. Sometimes I think I feel a hand reaching out for mine. Or it could be a foot, kicking my hand away. I wish I could tell the difference.

Now my life has shifted. But instead of feeling glad or excited, I feel lost. I didn't realize how alone alone would feel.

They want me to do something, and I'll do it, or I won't do it, and it'll work or not, and I'll survive or not.

The thing with dying, well, with death really, is that there's a difference between being someone who knows they can really die at any time and someone who doesn't.

We cannot change what has happened. We go on from where we stand. Not even Necessity knows all ends.

You can never be sure where you are with magic.

She wasn't famous then," Pat said. "Nobody is. You never know until too late. They're just people like everyone else. Anyone you know might become famous. Or not. You don't know which ones will make a difference or if any of them will. You might become famous yourself. You might change the world.