Bayesian probability
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Sep 7, 2021 by Todd Simkin · across every show →
Everything said about Bayesian probability, oldest first
Sep 7, 2021 neutral
Simkin: Decision-makers must update opinions in a Bayesian way
“The most important thing from our perspective is to be willing to update that opinion in a Bayesian way, to use approaches that are going to be inclusive of all the information available to us, and only when we get to mutually exclusive information or mutually…”