Risks are measurable. Laws of probability and similar statistical models are at anyone's disposal. Classic example is counting cards in a black jack table. It's not cheating. It's playing smart by calculating risks: betting high when risks are low and vice versa.
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Any recommended sources for learning how to calculate and reason about practical real life career risks? Do they fit mathematical models or are different models needed to reason about practical real life risks?
- Još 1 odgovor
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"Probably every vice was once a virtue—i.e., a quality making for the survival of the individual, the family, or the group. Man’s sins may be the relics of his rise rather than the stigmata of his fall." — Will Durant, The Lessons of History
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Don’t avoid risks, avoid ruin.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Your success depends on your ability to absorb failures. Your survival depends on your ability to absorb traumas.
- Još 1 odgovor
Novi razgovor -
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Key is finding the balance
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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As Taleb puts it, take all risks you want but avoid ruin.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Calculated risks
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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