“We have to deal with this new type of threat in a way we haven’t yet defined. . . . With a low-probability, high-impact event like this . . . If there’s a one percent chance that Pakistani scientists are helping al Qaeda build or develop a nuclear weapon, we have to treat it as a certainty in terms of our response.” IfsWayHelpingTermChanceDealsEventsHavensTypeWeaponsLowsPercentScientistTreatsImpactThreatResponseNuclearDefinedCertaintyAlsNuclear WeaponsProbabilityAl Qaeda Author:Dick Cheney
“The risk of a business being hit by a low probability, high impact event is far higher than most boards realize because the number of potential wild cards is so great.” RealizingNumbersRiskEventsHigherLowsImpactCardsBoardsProbability Author:Patrick Dixon
“The record-breaking extreme weather events causing chaos across the globe should be a wake-up call. The transition to a low-carbon economy will be much more painful if we wait until there is a climate crisis before recognising that more than half of the world's fossil fuel reserves will have to remain in the ground.” IfsWorldShouldWaitingBusinessHalfEconomyRecordsEventsLowsWake UpCrisisClimateChaosPainfulExtremesWeatherFuelTransitionReservesGlobesCarbonFossilsFossil FuelWake Up CallExtreme WeatherRecords Breaking Author:Christiana Figueres
“It's fun to deal with the terror and the huge highs and lows of things. We're still getting massive surprises, anytime there's any Twilight-related event or anything.” StillsFunDealsEventsHugeLowsSurpriseTerrorRelatedMassiveTwilightHighs And Lows Author:Robert Pattinson
“The difficulty in judging what type of behavior works well arises not only because a given course of action does not always produce the outcomes. Similar outcomes can occur for reasons other than the person's actions, which further complicates inferential judgment. Effects that arise independently of one's actions distort the influence of similar effects produced by the actions, but only on some occasions. Given a strong cognitive set to perceive regularities, even chance joint occurrences of events can be easily misjudged as genuine relationships of low contingent probability” WellsPersonsDoeReasonActionCoursesStrongGivenChanceInfluenceEffectsEventsProduceJudgingTypeBehaviorJudgmentLowsDifficultyGenuineAriseOccasionsPerceiveOutcomesProbabilityJointsCognitiveRegularitySelf Efficacy Author:Albert Bandura
“There are very few lows but lots and lots of highs. You're in an incredibly privileged position because you're able to go along to major sporting events and be ringside. You can see and hear everything.” AbleEventsPositionMajorsLowsPrivilegedSporting Events Author:Jill Douglas
“The waves get high, they get low. It's been a wonderful journey, every bit of it, and that's from every praise to every criticism... To be able to able to hang around athletics for a lifetime and to meet all these wonderful people I've come in contact with, to have been around as many big events as I have, I can't imagine a day when I did not have something to make me happy about sports.” PeopleHas BeensI CanBigsAbleBitsSportsImagineWonderfulJourneyEventsLowsCriticismPraiseLifetimeWaveContactAthleticsMake Me HappyGetting HighBig EventsGet LowWonderful Journey Author:Brent Musburger
“I think that the existence of Beethoven is remarkable, but I do not bristle at the suggestion that this event had a low probability given the initial state of the universe.” ThinkingStatesUniverseGivenExistenceEventsLowsRemarkableSuggestionsProbabilityInitials Author:Elliott Sober