“The information you have is not the information you want. The information you want is not the information you need. The information you need is not the information you can obtain. The information you can obtain costs more than you want to pay”

—  Peter L. Bernstein

Source: Against the Gods: The Remarkable Story of Risk

Last update June 3, 2021. History

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Peter L. Bernstein photo
Peter L. Bernstein 1
American academic 1919–2009

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