Sunday, April 23, 2006

Can You Master Uncertainty?

According to this FT article, We can, however, aspire to master uncertainty in the way a seasoned sailor masters the sea. Not even the best captain can predict the elements with accuracy, let alone command the wind to blow or the waves to calm. With insight and experience, however, a captain can harness the wind and ride out the storm. Mastery, in this sense, resembles improvisational skill rather than control. This begins with an understanding of uncertainty, how it differs from risk, and general approaches to dealing with an uncertain world.

Read this article in full to grasp this complicated process.

No comments: