The Economic Times

Quote of the day by Plato: 'A good decision is based on knowledge and not on numbers.' Life lessons from inspirational quote on true wisdom, deep understanding, critical thinking, raw data or statistics

Quote of the day by Plato: A good decision is based on knowledge and not on numbers. The quote explains why decisions need understanding, context and critical thinking. Numbers and statistics can provide information, but they may not explain the reasons behind a situation. Platos philosophy also focused on knowledge, wisdom, truth, justice and the Good.