Improve Your Odds by Staying Cool in the Face of Crisis

Thinking in bets and using the base case are two keys to success

The chance of rain is one example of betting on the base case (Source: Pexels)

A summer hurricane is bearing down. Mild panic ensues. Events are canceled. Some businesses begin boarding up. Parents race to get their children from school.

I see the town’s public works director, Barry, at the local hardware store. He is buying some supplies on his way to the…



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