Saturday, 28 June 2008

Chance hardly affects the wise

"Chance hardly affects the wise; the really important and serious things are under control of their own deliberation and reason. No more pleasure could be derived from a lifetime of infinite span than from a life we know to be finite."

Cicero quotes ,with approval this remark of Epicurus , translated by Rapahel Woolf. Seems to me to be what all risk managers might aspire to.

However on the subject of the infinite Richard Donkin in Thursday's FT pointed out that Einstein once remarked "Two things are infinite: the universe and human stupidity: and I'm not so sure about the universe."

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