The risk of a business being hit by a low probability, high impact event is far higher than most boards realise because the number of potential wild cards is so great.
Patrick Dixon
» Patrick Dixon - all quotes »
Russia must realise its full potential in high-tech sectors such as modern energy technology, transport and communications, space and aircraft building.
Vladimir Putin
"Are we making more mistakes now? I don't think so. Science is a high-risk activity. And when you do science--this is very important incidentally for the general public, and for policy makers--if you are not wasting some of your money, you are not doing good science. It's a funny way to say this. You've got to back high-risk opportunities. And high-risk opportunities means some fraction of them are going to fail. And I think in any science funding scenario, you've got to say, 10, 20, maybe even 30% of your funds are going to be invested in failures.
Leon M. Lederman
She talked about Reagan with great affection. But then she also talked about Lady Thatcher, and I think it's interesting for a number of our friends who assume that, if you come from Wasilla, you can't be very sophisticated. She was pretty vividly aware of who Margaret Thatcher was, and it made an impact on her as a young woman, watching and growing up in high school and college.
Sarah Palin
Just talking about the illogicality behind so many of these systems: Tarot cards, which are obviously very, very popular. The deck is mixed and you choose a number of cards, they’re laid out and then your fortune and fate is read from them. Of course, the interesting conundrum there is that if you did the same thing five minutes later you’d pick out very different cards so presumably your fate and the reading would be necessarily very different if it’s relying on those cards. Five minutes later it would be completely different and when there have been questions about this the answer is ‘oh, that’s because your fate changes from minute to minute’. But then you have to think, presumably, to get a Tarot reading you’d have to constantly be having a Tarot reading over and over again in order to know what the accurate situation is, if it constantly changes from minute to minute.
Derren Brown
Okay, look at it this way: if the evening news has a very high probability of being accurate, then it's highly improbable that they would inaccurately report the numbers chosen in the lottery. That counterbalances any improbability in the choosing of those numbers, so you're quite rational to believe in this highly improbable event.
William Lane Craig
Dixon, Patrick
Dixon, Willie
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z