1.10 Decisions and Uncertainty
Perfect asepsis is not possible; that does not mean that we operate in the sewer.
-Bernard Lewis,
paraphrasing Robert Solow 1986
The only certainty is that there is no certainty. Reject absolute answers and recognize uncertainty, weigh the probabilities, don’t let uncertainty paralyze you, and evaluate decisions not just on the results, but on how they’re made.
– Robert Rubin,
Former CEO Citibank, Goldman Sachs
Former United States Secretary of the Treasury
167th Commencement, New York University
Main speaker, 1999
New York Times (05.14.99)