Bet What You Know

Placing bets means wagering something of value on the outcome of an uncertain event with the hopes of achieving a payoff. The decisions we make in life are akin to placing bets, and as with all bets, access to good information is what increases the chances of a bet achieving a payoff. Most people approach accessing good information by conducting research, analysis, understanding odds and placing all these into a clear strategy. But what really makes systems tick is something deeper than...