Radical Uncertainty Quotes

“For all that has recently been said about ‘the wisdom of crowds’, the authors prefer to fly with airlines which rely on the services of skilled and experienced pilots, rather than those who entrust the controls to the average opinion of the passengers.”
― John Kay, Radical Uncertainty: Decision-Making Beyond the Numbers

“Radical uncertainty cannot be described in the probabilistic terms applicable to a game of chance. It is not just that we do not know what will happen. We often do not even know the kinds of things that might happen.”
― Mervyn King, Radical Uncertainty: Decision-making for an unknowable future

“Richard Rumelt’s Good Strategy/Bad Strategy,”
― John Kay, Radical Uncertainty: Decision-making for an unknowable future

“For now we see through a glass, darkly; but then face to face: now I know in part; but then shall I know even as also I am known. —1 Corinthians 13:12”
― John Kay, Radical Uncertainty: Decision-making for an unknowable future

“in his farewell address, Greenspan did warn that ‘History has not dealt kindly with the aftermath of protracted periods of low risk premiums’.17 In that, he was certainly correct.”
― John Kay, Radical Uncertainty: Decision-making for an unknowable future