Quotes About Uncertainty

You never know what curve balls life is going to throw you and there's no way I can predict anything or make any assumptions about what the rest of my life is going to be like.

We are chained to this life by a chain of gold, and we dare not sever it for fear of what lies beyond the drop.

Life is full of risks. Death is much simpler.

That is a risk. Risk/reward, life's chances. There's always that part of it.

Life is, to some extent, an extended dialogue with your future self about how exactly you are going to let yourself down over the coming years.

I guess we guess our way through life. How many times do we really know for sure?

Life is savagely unfair. It ignores our deep-seated convictions and places a disproportionate emphasis on the decisions we make in split seconds.

Without the edge, [life's] boring...If you're doing something that's definitely achievable with 100% odds of success, where's the draw in that?

When you're thinking about the rest of your life, you're never really thinking more than a couple years down the road.

I don't know if I see myself as an actress for the rest of my life.

Human science is an uncertain guess.

Fate laughs at probabilities.

I've never had any intentions about anything. That's why I am where I am today, which is neither here nor there, in a literal sense.

I don't know what it is I'm doing. But it's not that. Despite all evidence to the contrary.

More is happening out there than we are aware of. It is possibly due to some unknown direful circumstance.

Back, suddenly, to uncertainty.

On the whole, as the morbid & mucilaginous monkey said when he climbed up to the top of the Palm-tree & found no fruit there - one can't depend upon dates.

This relates to how he approaches risk and uncertainty. With a 9 in Quick Start, he is "insistent" in this way, and that makes him like most people with ADHD or VAST. They jump right in without testing the waters first. Remember: fire, ready, aim.

You see, my problem is I don't know whether I'm smart or if I'm stupid. I've done well, and I've done poorly, and I've been told that I'm gifted and I've been told that I'm slow. I don't know what I am.

Barely, but I did. Then in college I did really well. Can you imagine that? Which is why I went to graduate school. But that was probably a big mistake. I should have quit while I was ahead. You see, my problem is I don't know whether I'm smart or if I'm stupid. I've done well, and I've done poorly, and I've been told that I'm gifted and I've been told that I'm slow. I don't know what I am.

He knows not where he's going, For the ocean will decide, Its not the destination, It's the glory of the ride

They also adopted a notion we rejected, called VaR or "value at risk," where they estimated the damage to their portfolio for, say, the worst events among the most likely 95 percent of future outcomes, neglecting the extreme 5 percent "tails," then acted to reduce any unacceptably large risks. The defect of VaR alone is that it doesn't fully account for the worst 5 percent of expected cases. But these extreme events are where ruin is to be found.

The classic view of the correct price of a common stock is that it is derived from the value of all the future earnings. These earnings are uncertain and subject to unknowable factors. Could anyone have known beforehand how to allow for the impact of 9/11 on the future earnings, hence on the then current market price, of firms headquartered in the Twin Towers of the World Trade Center?

The classic view of the correct price of a common stock is that it is derived from the value of all the future earnings. These earnings are uncertain and subject to unknowable factors. Could anyone have known beforehand how to allow for the impact of 9/11 on the future earnings, hence on the then current market price, of firms headquartered in the Twin Towers of the World Trade Center? These future payoffs are discounted to a present value reflecting their various probabilities and risks.