Posts Tagged ‘Uncertainty’

The Game of Life

I have just finished reading a wonderful book by Maria Konnikova, The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win (Penguin Press, 2020).  Konnikova is a PhD psychologist who researches decision making and risk.  She decides to study this in the domain of poker.  She begins as a total novice and […]

Betting on Change

We expect that the pandemic will lead to a new normal that will be significantly different than the old normal.  Perhaps there will be opportunities for innovations in the marketplace.  What changes deserve our bets? We can assume that people will always want pasta, potatoes or rice, as well as beans, broccoli or mushrooms. But […]