Three weather fronts collided off the New England coast in 1991 – and the subsequent movie in 2000. The Gloucester fishing boat Andrea Gail tried to endure but could not survive the onslaught. Everyone was lost. We have as a society encountered a collision of “fronts” that have left us reeling. The US mortgage crisis […]
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 […]
This is a very risky time. What does that mean? Risk equals the probability that something unfortunate happens times the consequences of it happening. It seems like both sides of this equation are working against us. So, what to do? First, we need to differentiate risks to you and the general public. If you have […]
