probabilistic decisions
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Sep 7, 2020 by Morgan Housel · across every show →
Everything said about probabilistic decisions, oldest first
Sep 7, 2020
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,…”