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RE: The chance of winning that bet is >99%
Posted on: January 22, 2022 at 13:34:42 CT
*M* KC
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You don’t know much about risk management. The likelihood of loss is only one factor. The magnitude of that loss is just as important.
You’re about to get on a plane. The pilot tells you there’s one chance in a hundred that it crashes and you die. My choice in that situation is to take another flight. Evidently you’d go ahead and get,on the plane.
You’re about to get on a plane. The pilot tells you there’s one chance in a hundred that it crashes and you die. My choice in that situation is to take another flight. Evidently you’d go ahead and get,on the plane.
Please explain why this message is being reported.
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RE: The chance of winning that bet is >99% - *M* KC - 1/22 13:34:42