Chapter
Clips
The author discusses how being results-oriented can lead to flawed decision-making, especially when focusing on outliers or phenomenon with low percentages.
42:57 - 45:02 (02:05)
Summary
The author discusses how being results-oriented can lead to flawed decision-making, especially when focusing on outliers or phenomenon with low percentages.
ChapterImportance of Making Logical Decisions
Episode#27 - 10 Million Reasons Why He Plays Poker
PodcastMy First Million
Understanding sample size is crucial for making logical decisions, especially in the financial realm where it can provide valuable experience.
45:02 - 46:38 (01:35)
Summary
Understanding sample size is crucial for making logical decisions, especially in the financial realm where it can provide valuable experience. As the sample size grows, there is more confidence in the chosen method or direction.