Why Leaders Need to Think More Like Professional Gamblers
Leading Blog
APRIL 5, 2019
Should they make a big bet, hedge their position, or just wait and see? Many years later, French mathematician Pierre-Simon Laplace developed Bayes’s idea into a powerful theory, which we now know as the Bayes Theorem. Our instinct for determinism may well have been an evolutionary innovation. Here is a simple explanation of it.
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