Decision Quote by Michael Bloomberg
“You don't make spending decisions, investment decisions, hiring decisions, or whether-you're-going-to-look-for-a-job decisions when you don't know what's going to happen.”
About This Quote
Source Interview: Bloomberg TV interview, 2020
Decision‑making requires knowledge of future conditions; uncertainty hampers planning.
In simple terms: Know the future before deciding.
Key Takeaway
Gather data before major choices.
Themes
uncertainty
planning
investment
Mood
pragmatic
cautious
Type
analytical
strategic
When to use this quote
- budgeting
- career moves
- market entry decisions
Key Concepts
risk assessment
strategic foresight
Questions to Reflect On
- What information can you realistically obtain before deciding?
- How do you mitigate risk when outcomes are unknown?
A Different Perspective
Future predictions are never certain.
![“You have to understand, we have better communications and better transportation, so people know what's available elsewhere and can get a message out, and you can move things. And you [can] say that the economy is more unpredictable.” quote by Michael Bloomberg](https://sms4smile.com/quotes/img-quotes/f66/michael-bloomberg-1293_available_you-have-to-understand-we-have-better-co_66574.jpg)
![“The system [in U.S.] is designed for a two-party system. And those two parties have an interest in keeping third parties out. There's too much of the structure that works in the two-party way. They will keep the third party out.” quote by Michael Bloomberg](https://sms4smile.com/quotes/img-quotes/162/michael-bloomberg-1293_interest_the-system-in-u-s-is-designed-for-a-two_74462.jpg)
