Uninformed Decision Making Quotes

Lotteries are a tax on ignorance

I don't know anyone who voted today [in the Senate] who knew what he was voting on.

A mistake I've made is investing in my idea rather than the entrepreneur's. Sometimes I'm excited about an idea that is similar to the entrepreneur's idea - but not the same. A smart entrepreneur will convince me it is the same, until I write a check!

You've never heard me talk about politics all that much, and it's just - I can't think of anybody more dangerous as president than Donald Trump. I can't think of anything worse than with him not having a clue. I mean, could you imagine somebody who doesn't read and doesn't learn trying to deal with the day-to-day changes and challenges of that job?

I was not a Democrat; I was an independent. Here's the thing: You can't win that way. But I didn't know that.

A person who gives his verdict before thoroughly examining the situation, and, a person who believes before looking at the evidence Do not give him the power to rule over those who seek for Knowledge, because he will not be able to do justice to his authoritarian position and hence, not being able to understand the judgments of the other wise people under him, he would not be able to distinguish a good man form a wicked person

When public figures think they can open a business even though they've got no business experience, it's a bad idea.

And to stick our head in the sand and pretend that we are somehow safer if we do not know or to pretend we are somehow safer if we limit our options seems to me not only foolish but actually dangerous.

Unknowing ignorance is preferable to informed stupidity.

Nobody really tells me what's going on, and I find out via the trades myself.

It's amazing how unwilling most people are to admit they don't know the answer to a question or a problem and instead charge forward on a 'gut instinct' that turns out to be crap.

You cannot govern, you cannot administrate, with an ignoramus.

We get what we deserve if we allow our policy-making representatives vote on laws they haven’t read and don’t fully understand.

The sucker’s trap is when you focus on what you know and what others don’t know, rather than the reverse.

To lack intelligence is to be in the ring blindfolded.

I suppose many people will continue moving towards careless computing, because there's a sucker born every minute.

who would dare think that, forever? Some idiot girl who wouldn’t know how things played out.

Default choices often remain unchanged for no reason other than being the default, either because of this lack of information or humans' status quo bias.

The ground for taking ignorance to be restrictive of freedom is that it causes people to make choices which they would not have made if they had seen what the realization of their choices involved.

Something seems to happen to people when they meet a journalist, and what happens is exactly the opposite of what one would expect. One would think that extreme wariness and caution would be the order of the day, but, in fact, childish trust and impetuosity are far more common.

Don't go into something you actually don't know much about, in the hopes that you're going to get really financially successful and rewarded... even though people think you're, like, terrific.