Decision making Quote by Robert E. Rubin
““That story had at its core a discussion of my fundamental view that nothing in life is certain and that, consequently, all decisions are about probabilities.””
About This Quote
Source Speech: Remarks at the 1999 Economic Forum, 1999
Life is inherently uncertain, so every decision must be evaluated as a probability judgment.
In simple terms: Life is uncertain; decisions are probabilistic.
Treat choices as risk assessments.
Themes
Mood
Type
When to use this quote
- investment planning
- personal choices
- policy development
Key Concepts
Questions to Reflect On
- How do you quantify uncertainty in personal life?
- When might intuition outweigh probability?
Probability thinking can ignore emotional and ethical dimensions.