Quotes & Sayings About Incomplete Information

Command responsibility sometimes meant having to make decisions based on incomplete information. — Mark Henrikson

Of course, we knew that the official reports were sketchy, if not falsified. But, in terms of information theory, this is precisely where the problem lay: How were we to reconstruct reality from incomplete or false reports? It is not true that virtually all news in a totalitarian state is false. On the contrary, most news is completely correct, albeit tendentiously slanded; it is just that certain information is suppressed. One can adjust for the political slanting of the news, but there is virtually no way to fill in the omissions. — Konrad Zuse

Not ever. Not once. You never know. You only guess. This is how it always is. You have to make these huge decisions on behalf of your kid, this tiny human whose fate and future is entirely in your hands, who trusts you to know what's good and right and then to be able to make that happen. You never have enough information. You don't get to see the future. And if you screw up, if with your incomplete, contradictory information you make the wrong call, well, nothing less than your child's entire future and happiness is at stake. It's impossible. It's heartbreaking. It's maddening. But there's no alternative. — Laurie Frankel

Retired general Colin Powell famously advocates collecting half of the information available, then making a decision, even though your information is clearly incomplete. — Josh Kaufman

When you do a cartoon based on news headlines, you do it based on incomplete information. — Ted Rall

In 1972, the psychologist Irving Janis defined groupthink as, "a mode of thinking that people engage in when they are deeply involved in a cohesive in-group, when the members' strivings for unanimity override their motivation to realistically appraise alternative courses of action." Groupthink most commonly affects homogenous, close-knit communities that are overly insulated from internal and external criticism, and that perceive themselves as different from or under attack by outsiders. Its symptoms include censorship of dissent, rejection or rationalization of criticisms, the conviction of moral superiority, and the demonization of those who hold opposing beliefs. It typically leads to the incomplete or inaccurate assessment of information, the failure to seriously consider other possible options, a tendency to make rash decisions, and the refusal to reevaluate or alter those decisions once they've been made. — Kathryn Schulz

Among other grand achievements, F. A. Hayek had a remarkable career pointing out the flaws in collectivism. One of his keenest insights was that, paradoxically, any collectivist system necessarily depends on one individual (or small group) to make key social and economic decisions. In contrast, a system based on individualism takes advantage of the aggregate, or 'collective,' information of the whole society; through his actions each participant contributes his own particular, if incomplete, knowledge-information that could never be tapped by the individual at the head of a collectivist state. — Sheldon Richman

See, this is why I can't ever be in command," she said. "Don't like making tough calls with incomplete information?" "More I'm not suicidally irresponsible," she replied, — James S.A. Corey

People are saying that they want be convinced [about global warming], perfectly. They want to know the climate science projections with 100 per cent certainty. Well, we know a great deal and even with that there is still uncertainty. But the trend line is very clear. We never have 100 per cent certainty. We never have it. If you wait till you have 100 per cent certainty, something bad is going to happen on the battlefield. That's something we know. You have to act with incomplete information. You have to act based on the trend line ... — Gordon R. Sullivan

Blogs are assailed on all sides, by the crushing economics of the business, dishonest sources, inhuman deadlines, pageview quotas, inaccurate information, greedy publishers, poor training, the demands of the audience, and so much more. These incentives are real, whether you're at The Huffington Post or some tiny blog. Taken individually, the resulting output is obvious: bad stories, incomplete stories, wrong stories, unimportant stories. — Ryan Holiday

There is risk, known and unknown, in all aspects of life. We often consider the loss of life the only serious risk. Unless we are genuinely aware, we calculate the danger arising from our own physical and emotional states and from external conditions based on incomplete information. If we believe we can manage those risks, we accept them. Whether these choices are born of delusion or reality comes out in the end. — Mark Twight

Both poker and investing are games of incomplete information. You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical. — David Einhorn

There are many accounts, uniformly incomplete, of what it is like to die slowly. But there is no information at all about what it is like to die suddenly and violently. We are being gentle when we describe such deaths as instant. 'The passengers died instantly.' Did they? It may be that some people can do it, can die instantly. The very old, because the vital powers are weak; the very young, because there is no great accretion of experience needing to be scattered. Muhammad Atta was 33. As for him (and perhaps this is true even in cases of vaporisation; perhaps this was true even for the wall-shadows of Japan), it took much longer than an instant. By the time the last second arrived, the first second seemed as far away as childhood ... Even as his flesh fried and his blood boiled, there was life, kissing its fingertips. Then it echoed out, and ended. — Martin Amis

Isn't that wonderful? That feeling of not knowing too much about something ... Incomplete information ... Endless possibilities ... When you don't know much about something, it's the most exciting sensation.
-Kutsnetz in TALUS — Erol Ozan

Some of the biggest challenges faced by computers and human minds alike: how to manage finite space, finite time, limited attention, unknown unknowns, incomplete information, and an unforeseeable future; how to do so with grace and confidence; and how to do so in a community with others who are all simultaneously trying to do the same. — Brian Christian

Your feelings do not lie to you;
however, they may be based upon a false thought,or a true thought, or based upon incomplete information. — David W. Earle

The first is the result of a decision to act - to do something. This type of mistake is made with incomplete information, as it's impossible to have all the facts beforehand. This is to be encouraged. Fortune favors the bold. The second is the result of a decision of sloth - to not do something - wherein we refuse to change a bad situation out of fear despite having all the facts. This is how learning experiences become terminal punishments, bad relationships become bad marriages, and poor job choices become lifelong prison sentences. — Timothy Ferriss

But being a space flight participant is not really the same as being an astronaut. An astronaut is someone who's able to make good decisions quickly, with incomplete information, when the consequences really matter. — Chris Hadfield

Postmodern science - by concerning itself with such things as undecidables, the limits of precise control, conflicts characterized by incomplete information, "fracta", catastrophes, and pragmatic paradoxes - is theorizing its own evolution as discontinuous, catastrophic, nonrectifiable, and paradoxical. — Jean-Francois Lyotard

An educated person is one who has learned that information almost always turns out to be at best incomplete and very often false, misleading, fictitious, mendacious - just dead wrong. — Russell Baker

While in theory randomness is an intrinsic property, in practice, randomness is incomplete information. — Nassim Nicholas Taleb

Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The time other investors spend delving into the last unanswered detail may cost them the chance to buy into situations at prices so low they offer a margin of safety despite the incomplete information — Seth Klarman

Obviously, a man's judgement cannot be better than the information on which he has based it. Give him the truth and he may still go wrong when he has the chance to be right, but give him no news or present him only with distorted and incomplete data, with ignorant, sloppy or biased reporting, with propaganda and deliberate falsehoods, and you destroy his whole reasoning processes, and make him something less than a man. — Arthur Hays Sulzberger

Perhaps the most general and most important mental habit to instill is an appreciation of the folly of trying to draw conclusions from incomplete and unrepresentative evidence. An essential corollary of this appreciation should be an awareness of how often our everyday experience presents us with biased samples of information. — Thomas Gilovich

This is how it always is. You have to make these huge decision on behalf of your kid, this tiny human whose fate and future is entirely in your hands. Who trusts you to know what's good and right and then to be able to make that happen. You never have enough information. You don't get to see the future. And if you screw up - if with your incomplete contradictory information you make the wrong call - nothing less than your child's entire future and happiness is at stake. It's impossible. It's heartbreaking. It's maddening. But there's no alternative."

"Sure there is," she said.

"What?"

"Birth control. — Laurie Frankel

An astronaut is someone who's able to make good decisions quickly, with incomplete information, when the consequences really matter. I didn't miraculously become one either, after just eight days in space. But I did get in touch with the fact that I didn't even know what I didn't know. — Chris Hadfield

Each of us has a Soul. But no one has stopped to tell us what the Soul is in the world to do. Or if they have told us, they've given us incomplete information - for example, that our job is to get back to God. That is not our job. We couldn't get back to God if we wanted to, because we never left God. — Neale Donald Walsch