‘The human imagination is a poor tool for judging risk. People are really good at responding to the crisis that just happened, ... They are less good at imagining a crisis before it happens - and taking action to prevent it.’ The Fifth Risk, Michael Lewis #riskmanagement
‘The risk we should most fear is not the risk we easily imagine. It is the risk that we don’t.’
‘If your ambition is to maximize short-term gain without regard to the long-term cost, you are better off not knowing the cost. If you want to preserve your personal immunity to the hard problems, it’s better never to really understand those problems.’
‘There is an upside to ignorance, and a downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a person who wishes to shrink the world to a worldview.’ The Fifth Risk, Michael Lewis. #riskmanagement #leadership
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