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The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome.
Peter L. Bernstein
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Peter L. Bernstein
Age: 90 †
Born: 1919
Born: January 22
Died: 2009
Died: June 5
Economist
Pedagogue
Peter Lewyn Bernstein
Risk
Maximizing
Control
Outcome
Lying
Outcomes
Management
Areas
Absolutely
Essence
Lies
Minimizing
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