Bob wrote: "Some of us only want to play when we have the advantage, but it's possible we just can't know until later how much of an advantage we have --- if any. There's a reason it's called gambling!"
Exactly right! As Rumsfeld put it, there are unknown unknowns, and those you want to watch out for.
There are known knowns - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/There_are_known_knowns
There are known knowns - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/There_are_known_knowns "There are known knowns" is a phrase from a response United States Secretary of Defense Donald Rumsfeld gave to a question at a U.S. Department of Defense news briefing in February 2002 about the lack of evidence linking the government of Iraq with th...
View on en.wikipedia.org http://en.wikipedia.org/wiki/There_are_known_knowns
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Posted by: nightoftheiguana2000@yahoo.com
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