Top 10 Miscalculations Quotes & Sayings

People often of masterful intelligence, trained usually in law or economics or perhaps in political science, who have led their governments into disastrous decisions and miscalculations because they have no awareness whatever of the historical background, the cultural universe, of the foreign societies with which they have to deal.

There was but one question he left unasked, and it vibrated between his lines: if gross miscalculations of a person's value could occur on a baseball field, before a live audience of thirty thousand, and a television audience of millions more, what did that say about the measurement of performance in other lines of work? If professional baseball players could be over- or under valued, who couldn't?

We need to be skeptical of utopianists who offer unreliable totalistic visions of other worlds and strive to take us there. We need some ideals, but we also need to protect ourselves from the miscalculations and misadventures of visionaries.

I would say that among my many huge emotional miscalculations was my taking a film career for granted. It is the most awesome privilege to be able to use one's imagination and wit, physicality and musicality, conscious brain and unconscious instinct in the service of a work that has a chance to move and excite and amuse and delight people all over the world, including long after we're dead. What a noble calling! And I felt it was just there for me as a kind of given, some sort of inherited birthright-when in reality it's the most magnificent luxury.

War is the unfolding of miscalculations.

Edge also implies what Ben Graham....called a margin of safety. You have a margin of safety when you buy an asset at a price that is substantially less than its value. As Graham noted, the margin of safety 'is available for absorbing the effect of miscalculations or worse than average luck.' ...Graham expands, "The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price."

I know Pandit Ravi Shankar was very upset with me, as I did not use his compositions in 'Gandhi.' I thought that the London Philharmonic Orchestra would prove more effective than his music. It was one of my biggest miscalculations.

Politicians and bureaucrats are substituting their uninformed, largely political decisions for those of the marketplace. Their past miscalculations demonstrate that they do not and cannot possess the information, knowledge, means, and discipline to manage the economy.

President Bush had an opportunity tonight to say, 'Look ... things aren't going very well in Iraq and we did make some miscalculations and misjudgments there,' but he is so stubbornly arrogant - he just sticks with that same formula that he has in talking about the war on Iraq that just defies the reality that we all see on the ground.

The blindness of bigotry, the madness of ambition, and the miscalculations of diplomacy seek their victims principally amongst the innocent and the unoffending. The cottage is sure to suffer for every error of the court, the cabinet, or the camp. When error sits in the seat of power and of authority, and is generated in high places, it may be compared to that torrent which originates indeed in the mountain, but commits its devastation in the vale.