Smart Answers vs. Right Answers vs. Simple Answers
Recently I met up with a friend, he had closed a large deal and had significant amount of money that he could invest. He asked me what was the best he could do with the money with an investment horizon was over 5 years. I suggested that he should invest this money in an Index […]
Good players understand the ODDS
Understanding the odds is key for making purdent bets in any process (investments, games) that deal with uncertanity. Based on the above data the people who understand odds will quickly realize 2 things All games are favorable for the player (a player who is ready to play many games has a good chance of coming out ahead). […]