By
Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
Partner, RSD Solutions Inc.
“If you believe you have a foolproof system
you have failed to take into consideration the creativity of fools.” - Frank W. Abagnale.
Perhaps there is nothing to add
to the quote above by Frank Abagnale, the famous imposter who mimicked being a doctor,
a lawyer, and an airline pilot amongst other things and whose exploits were the
inspiration for the movie Catch me if You Can.
Foolproof
systems work by logic, fools work by illogic, and even bridging both sides in
one’s thinking does not create a foolproof system. In other words, only fools believe in
foolproof systems.