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They never made the mistake of thinking that the behaviour they described – of subconscious biases and illogical choices that skewed markets and misunderstood risk – did not also apply to themselves.
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The Australian reported that Aristotle warned during the Sky interview "that claims that were invalid, embellished or misunderstood risked insulting the people of Nauru and inflaming tensions among refugees on the island".
The European leaders had drastically underestimated the problem and misunderstood the risk that fears of default would spread to other countries.
On the Agenda: Financial innovation in the last decade became a discredited notion, responsible for increased and misunderstood systemic risks.
Unfortunately, the rating agencies also completely misunderstood the actual risk level of the complex mortgage-backed securities they rated as investment grade.
Love without taking risks - the risk of sharing your innermost thoughts, fears and hopes, the risk of being misunderstood or thought too ambitious, and the risk of rejection - love without risk would be a puny project, without the wherewithal to stir and excite, or to reach union between independent and unpredictable spirits.
Critics also misunderstood the real risks in the portfolio.
Too big a project and too many critics to risk being misunderstood.
If they open up about their (different) experiences they risk being misunderstood.
Necessarily, we are traumatized by what separation means: that we must rely on language to express our demands and thus risk being misunderstood.
I know, on this point I risk being misunderstood, so remember, I am a man who once programmed a baseball game with no baseball players.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com