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It's worth noting that the assumption that something can't…

“It's worth noting that the assumption that something can't happen has the potential to make it happen, since people who believe it can't happen will engage in risky behaviour, and thus alter the environment.” quote by Howard Marks
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““It's worth noting that the assumption that something can't happen has the potential to make it happen, since people who believe it can't happen will engage in risky behaviour, and thus alter the environment.””

Howard Marks

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Believing something cannot happen can paradoxically cause it to happen because people take risky actions, altering the environment.

In simple terms: Assumptions of impossibility can trigger risky behavior that creates the outcome.

Key Takeaway

Challenge limiting beliefs; consider how expectations shape risk.

Themes

psychology risk management behavioral finance expectations self‑fulfilling prophecy

Mood

thoughtful cautious

Type

philosophical advisory

When to use this quote

  • investment strategy
  • decision making
  • risk mitigation
  • scenario planning

Key Concepts

cognitive bias probability assessment risk perception

Questions to Reflect On

  • Do you ever assume something impossible and then act riskily?
  • How can you test assumptions before acting?
A Different Perspective

Overconfidence or denial may also lead to reckless behavior regardless of belief.

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