Over the holidays, the New York Times delivered an unusual juxtaposition of headlines and content, and apparent lack of self-awareness, to illicit such a hearty chuckle from…
Author Posts
The value of knowing what you don’t know
Few of us really like uncertainty. It fills us with dread. It frustrates our planning efforts. It makes analyzing its effects complex. After all, where in a spreadsheet do you put uncertain…
Never tell me the odds?
In my last post, I discussed the meaning of expected value (EV) and how it’s useful for comparing the values of choices we could make when the outcomes we face with each choice …