Asking Quote by Hillary Clinton
“I think that we have to be constantly asking ourselves, 'How do we calculate the risk?' And sometimes we don't calculate it correctly; we either overstate it or understate it.”
About This Quote
Source Speech: 2016 Democratic National Convention, 2016
Assessing risk requires continual questioning and accurate estimation; misjudgment leads to over- or underestimation.
In simple terms: Risk must be measured carefully.
Key Takeaway
Question risk regularly.
Themes
risk management
decision making
uncertainty
Mood
cautious
analytical
Type
advisory
reflective
When to use this quote
- financial planning
- project management
- health decisions
- investing
- policy making
Key Concepts
probability
bias
error
Questions to Reflect On
- How do you verify your risk assumptions?
- What data could improve your estimate?
A Different Perspective
Risk perception can be distorted by emotions and limited data.
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