8/17/09

What were the differences in Greensboro’s total revenue between December 31, and March 31, 2008, relative to 2009, and the assumptions underlying 2009-2010’s approved budget?

 In many cases what looks like risk-taking is not courage at all


it’s just unrealistic optimism


 


Courage is willingness to take the risk once you know the odds


 


Unrealistic optimism means you are taking the risk


because you don’t know the odds


 


Daniel Kahneman


Nobel Laureate, Economics


 


Can greed and fear lead some to believe


some things are less or more risky than they actually are?

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