Risk aversion, or procrastination?

So, if Everything is a bet, you might want to do all you can to get to 100% certainty before investing your limited resources.

But that would be a mistake.

Virtually no future prediction can be 100% certain. We must always proceed — if we’re going to proceed at all — in the face of some uncertainty.

insisting on 100% certainty means never taking action.

And in terms of results, doesn’t that inaction look an awful lot like procrastination?

All the best,
A.

Previous
Previous

Data is confidence

Next
Next

Everything is a bet