Probabilistic Decisions
topic on 1 show · 1 statements across 1 episodes
1 statements about Probabilistic Decisions, every show
Morgan Housel reminds investors that good probabilistic decisions still fail frequently
“We usually look at success and failure as binary. If you are successful, you made the right decisions. If you weren't, you made the wrong decisions. But when you realize that, like, we're all just trying to make probabilistic decisions of, let's say, you know,…”