# Derisking is actually deuncertaintying Most of the time when we talk about “derisking” something, we’re not actually changing the probability curve of the thing; we’re reducing our [[Knightian Uncertainty]] about what the probability curve actually looks like. ### Related - [[Risk, Uncertainty, and Profit]] - [[Uncertainty always involves risk but risk does not always involve uncertainty]] - [[When should an idea that smells like research be a startup?]] <!-- #stub --> [Web URL for this note](http://notes.benjaminreinhardt.com/Derisking+is+actually+deuncertaintying) [Comment on this note](http://via.hypothes.is/http://notes.benjaminreinhardt.com/Derisking+is+actually+deuncertaintying) <!-- {BearID:B25EC513-4A4C-4DCA-AD74-158AB651879E-50951-0001E71A14DB9F6B} -->