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Use the formula P=40 to 70, in which P stands for the probability of success and the numbers indicate the percentage of information acquired. Once the information is in the 40 to 70 range, go with your gut.

Colin Powell

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Colin Powell
Age: 87
Born: 1937
Born: April 5
Diplomat
Former United States Secretary Of State
Politician
Soldier
New York City
New York
Colin Luther Powell
Percentage
Range
Percentages
Numbers
Acquired
Information
Formula
Success
Probability
Use
Formulas
Guts
Indicate
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More quotes by Colin Powell

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Some people naturally have a sense of empathy and an understanding of how to bring their followers to do things. They become great politicians.
Colin Powell
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It is the job of leaders to eliminate uncertainty.
Colin Powell
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Even the greatest of all strategists must occasionally take into account the presence of an enemy.
Colin Powell
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I consider myself a moderate Republican. I have very, very moderate social views, and I'm pretty strong on, on defense matters.
Colin Powell
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Luck tends to come to people who are prepared.
Colin Powell
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Good and solid analysis and a formal way of looking at a problem [are the core ingredients of good decisions].
Colin Powell
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Good leaders must know how to reward those who succeed and know when to retrain, move, or fire ineffective staff.
Colin Powell
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When we are debating an issue, loyalty means giving me your honest opinion, whether you think I'll like it or not. Disagreement, at this state, stimulates me. But once a decision is made, the debate ends. From that point on, loyalty means executing the decision as if it were your own.
Colin Powell
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When we have dealt with bin Laden and his network we will then broaden the campaign to go after other terrorists all around the world.
Colin Powell
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It is not our place to decide who should lead the Iraqi people. If Saddam [Hussein] leaves or has to be forced out of power and a new regime brought in, a new leadership brought in, I am confident it will be some combination of people inside the country and outside the country.
Colin Powell
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As a leader you set the tone for your entire team. Communicate your vision.
Colin Powell
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The United States stands willing to work with a transformed Palestinian Authority with new leaders coming to the front.
Colin Powell
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Effective leaders are made, not born. They learn from trial and error, and from experience.
Colin Powell
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There are no secrets to success. It is the result of preparation, hard work, and learning from failure.
Colin Powell
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The most effective means of ensuring the government's accountability to the people is an aggressive, free, challenging, untrusting press.
Colin Powell
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We are not sure to what extent Saddam's [Hussein ] own people were conveying an incorrect picture to him. But this body of evidence was believed not only by President George W. Bush. President Bill Clinton used that same body of intelligence before bombing Iraq in 1998.
Colin Powell
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So has the strategic decision been made to disarm Iraq of its weapons of mass destruction by the leadership in Baghdad? I think our judgment has to be clearly not.
Colin Powell
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It was President [Bill] Clinton and the United States congress in 1998 which said that the regime has to be changed because the regime would not give up its weapons of mass destruction. We came into office in 2001 and kept that policy because Saddam Hussein had not changed.
Colin Powell
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Actually, there is no more important task for a leader than to pick people. To make sure you have the very best people working for you.
Colin Powell
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It ain't as bad as you think. It will look better in the morning.
Colin Powell