Unknowns: Difference between revisions

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:“''Those who cannot remember the past are condemned to repeat it.''”  
:“''Those who cannot remember the past are condemned to repeat it.''”  
::—{{author|George Santayana}}
::—{{author|George Santayana}}
Not included in Rumsfeld’s taxonomy (perhaps because it doesn’t make much sense at first) is the '''{{risk|unknown known}}'''. Now, before you write this off, well — see the[[Financial Services Modernization Act of 1999]] for the sorts of things a well-ordered market can forget over sixty-odd years. The [[JC]] — who likes a pet theory, as readers will know — feels that unknown knowns might be the riskiest bucket of the lot.
Not included in [[Rumsfeld’s taxonomy]] (perhaps because it doesn’t make much sense at first) is the '''{{risk|unknown known}}'''. Now, before you write this off, well — see the[[Financial Services Modernization Act of 1999]] for the sorts of things a well-ordered market can forget over sixty-odd years. The [[JC]] — who likes a pet theory, as readers will know — feels that [[unknown known]]s might be the riskiest bucket of the lot.